Royal Dutch Shell’s (LON:RDSA) “Buy” Rating Reaffirmed at Jefferies Financial Group

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Jefferies Financial Group reaffirmed their buy rating on shares of Royal Dutch Shell (LON:RDSA) in a report published on Friday, November 1st, Digital Look reports. Jefferies Financial Group currently has a GBX 2,780 ($36.33) price objective on the stock.

A number of other equities analysts have also recently issued reports on RDSA. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 2,900 ($37.89) target price (down previously from GBX 2,950 ($38.55)) on shares of Royal Dutch Shell in a report on Friday, September 13th. AlphaValue cut shares of Royal Dutch Shell to an add rating and cut their target price for the stock from GBX 2,890 ($37.76) to GBX 2,673 ($34.93) in a report on Monday, August 12th. Oddo Securities cut their target price on shares of Royal Dutch Shell from GBX 2,750 ($35.93) to GBX 2,650 ($34.63) and set a buy rating on the stock in a report on Friday, November 1st. Deutsche Bank reissued a buy rating on shares of Royal Dutch Shell in a report on Friday, July 12th. Finally, Credit Suisse Group cut their target price on shares of Royal Dutch Shell from GBX 3,000 ($39.20) to GBX 2,800 ($36.59) and set an outperform rating on the stock in a report on Friday, November 1st. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Royal Dutch Shell currently has an average rating of Buy and an average target price of GBX 2,727.30 ($35.64).

LON RDSA traded down GBX 1.50 ($0.02) during trading hours on Friday, reaching GBX 2,341 ($30.59). The company’s stock had a trading volume of 5,070,812 shares, compared to its average volume of 6,420,000. The company has a current ratio of 1.15, a quick ratio of 0.75 and a debt-to-equity ratio of 46.18. The business has a 50-day simple moving average of GBX 2,313.92 and a 200 day simple moving average of GBX 2,420.88. Royal Dutch Shell has a 52 week low of GBX 26.09 ($0.34) and a 52 week high of GBX 2,637.50 ($34.46). The stock has a market cap of $98.99 billion and a PE ratio of 932.30.

The firm also recently declared a dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.47 per share. The ex-dividend date is Thursday, November 14th. This represents a dividend yield of 1.57%. Royal Dutch Shell’s dividend payout ratio (DPR) is presently 58.14%.

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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