UBS Group reiterated their buy rating on shares of Royal Dutch Shell (LON:RDSB) in a report released on Monday morning, ThisIsMoney.Co.Uk reports.
RDSB has been the subject of a number of other reports. Goldman Sachs Group set a GBX 3,640 ($47.56) price objective on Royal Dutch Shell and gave the company a buy rating in a research note on Thursday, August 1st. Morgan Stanley reaffirmed an equal weight rating and issued a GBX 2,490 ($32.54) price objective on shares of Royal Dutch Shell in a research note on Friday, July 12th. Credit Suisse Group set a GBX 3,010 ($39.33) price objective on Royal Dutch Shell and gave the company a buy rating in a research note on Friday, August 2nd. Jefferies Financial Group set a GBX 3,050 ($39.85) price objective on Royal Dutch Shell and gave the company a buy rating in a research note on Wednesday, June 12th. Finally, Bank of America boosted their target price on Royal Dutch Shell from GBX 2,660 ($34.76) to GBX 3,100 ($40.51) and gave the stock a buy rating in a research note on Friday, August 2nd. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Royal Dutch Shell has a consensus rating of Buy and a consensus price target of GBX 3,008.57 ($39.31).
Shares of LON RDSB opened at GBX 2,309.50 ($30.18) on Monday. Royal Dutch Shell has a twelve month low of GBX 2,227 ($29.10) and a twelve month high of GBX 2,725.50 ($35.61). The company has a current ratio of 1.10, a quick ratio of 0.73 and a debt-to-equity ratio of 47.21. The stock has a fifty day simple moving average of GBX 2,475.52 and a 200-day simple moving average of GBX 2,471.28. The stock has a market capitalization of $86.50 billion and a PE ratio of 9.30.
Royal Dutch Shell Company Profile
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.
Read More: Are we seeing the beginning of a new bubble?
Receive News & Ratings for Royal Dutch Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell and related companies with MarketBeat.com's FREE daily email newsletter.