Royal Dutch Shell Plc (RDSA) Given "Overweight" Rating at Barclays PLC

Xavier Trudeau
Juin 19, 2017

RDSB has been the subject of a number of other reports. Citigroup Inc. downgraded Royal Dutch Shell Plc to a sell rating in a research note on Wednesday, April 19th. Credit Suisse Group reissued an outperform rating and issued a GBX 2,450 ($30.99) target price on shares of Royal Dutch Shell Plc in a research note on Friday, February 3rd. The company now has a consensus rating of "Buy" and a consensus price target of $57.78. Jefferies Group LLC reiterated a "buy" rating and set a $67.50 price target on shares of Royal Dutch Shell PLC in a research report on Friday, March 31st. HSBC Holdings plc reissued a buy rating and issued a GBX 2,600 ($32.89) target price on shares of Royal Dutch Shell Plc in a research note on Friday, February 3rd. Credit Suisse Group reiterated an outperform rating and set a GBX 2,450 ($30.99) target price on shares of Royal Dutch Shell Plc in a report on Tuesday, March 14th.

Royal Dutch Shell PLC (NYSE:RDS.A) was downgraded by Zacks Investment Research from a "hold" rating to a "strong sell" rating in a research report issued to clients and investors on Friday, May 19th. Three research analysts have rated the stock with a sell rating, three have given a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. The company has a 50 day moving average price of GBX 2,097.61 and a 200 day moving average price of GBX 2,129.48.

Shares of Royal Dutch Shell Plc (LON RDSA) traded up 1.56% during trading on Tuesday, hitting GBX 2115.00. 14,425,199 shares of the stock were exchanged. Royal Dutch Shell Plc has a 12 month low of GBX 1,743.50 and a 12 month high of GBX 2,403.68. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and global copyright and trademark law.

ILLEGAL ACTIVITY WARNING: "Jefferies Group LLC Cuts Royal Dutch Shell Plc (RDSA) Price Target to GBX 2,600" was posted by Transcript Daily and is the sole property of of Transcript Daily. The original version of this story can be viewed at https://www.thestockobserver.com/2017/06/17/royal-dutch-shell-plcs-rdsa-overweight-rating-reiterated-at-barclays-plc-updated-updated.html. Investors of record on Thursday, May 18th will be paid a $0.47 dividend. The ex-dividend date is Thursday, May 18th. This represents a yield of 1.8%.

According to Zacks, "The 3 year commodity bear market has adversely affected Royal Dutch Shell's earnings and cash flows, particularly at its upstream unit". The Company's segments include Integrated Gas, Upstream, Downstream and Corporate. Upstream combines the operating segments Upstream International and Upstream Americas, which are engaged in searching for and recovering crude oil and natural gas, the liquefaction and transportation of gas, the extraction of bitumen from oil sands and converting it into synthetic crude oil, and wind energy.

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