Royal Dutch Shell (LON:RDSA) Price Target Lowered to GBX 3,090 at Credit Suisse Group

Royal Dutch Shell (LON:RDSA) had its target price decreased by Credit Suisse Group from GBX 3,175 ($41.49) to GBX 3,090 ($40.38) in a research report released on Wednesday morning, ThisIsMoney.Co.Uk reports. Credit Suisse Group currently has an outperform rating on the stock.

RDSA has been the subject of a number of other research reports. HSBC set a €16.50 ($19.19) price objective on UniCredit and gave the stock a buy rating in a research report on Tuesday, May 14th. JPMorgan Chase & Co. reaffirmed a top pick rating on shares of in a research report on Thursday, July 4th. UBS Group reaffirmed a buy rating and set a GBX 2,900 ($37.89) price target on shares of Royal Dutch Shell in a research report on Wednesday, May 29th. Barclays reaffirmed an underweight rating on shares of in a research report on Thursday, July 4th. Finally, Jefferies Financial Group lifted their price target on PureTech Health from GBX 280 ($3.66) to GBX 340 ($4.44) and gave the stock a buy rating in a research report on Friday, July 5th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company. Royal Dutch Shell has an average rating of Buy and a consensus price target of GBX 2,987.08 ($39.03).

Shares of Royal Dutch Shell stock traded down GBX 1 ($0.01) during trading on Wednesday, reaching GBX 2,603.50 ($34.02). The company’s stock had a trading volume of 4,553,117 shares, compared to its average volume of 6,420,000. The company has a debt-to-equity ratio of 46.21, a quick ratio of 0.80 and a current ratio of 1.16. The stock has a market capitalization of $112.71 billion and a P/E ratio of 919.96. Royal Dutch Shell has a 1-year low of GBX 2,209.50 ($28.87) and a 1-year high of GBX 2,708 ($35.38). The company has a 50-day moving average price of GBX 2,531.62.

The company also recently declared a dividend, which was paid on Monday, June 24th. Shareholders of record on Thursday, May 16th were given a dividend of $0.47 per share. The ex-dividend date was Thursday, May 16th. This represents a yield of 1.49%. Royal Dutch Shell’s dividend payout ratio is currently 52.30%.

About Royal Dutch Shell

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.

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Analyst Recommendations for Royal Dutch Shell (LON:RDSA)

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