Home / Royal Mail / Royal Dutch Shell (LON:RDSB) Given “Overweight” Rating at Barclays

Royal Dutch Shell (LON:RDSB) Given “Overweight” Rating at Barclays

Royal Dutch Shell (LON:RDSB)‘s stock had its “overweight” rating reissued by Barclays in a report released on Thursday, July 4th, ThisIsMoney.Co.Uk reports.

RDSB has been the subject of several other reports. HSBC reiterated a “hold” rating on shares of Royal Mail in a research note on Friday, June 7th. Credit Suisse Group restated an “outperform” rating on shares of in a research note on Wednesday, June 5th. Morgan Stanley set a €9.00 ($10.47) target price on shares of Commerzbank and gave the company a “neutral” rating in a research note on Thursday, May 9th. JPMorgan Chase & Co. upped their target price on shares of from GBX 385 ($5.03) to GBX 480 ($6.27) and gave the company an “overweight” rating in a research note on Wednesday, July 3rd. Finally, Royal Bank of Canada decreased their target price on shares of Patterson-UTI Energy to $21.00 and set an “outperform” rating for the company in a research note on Tuesday, June 18th. Three equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 2,996.54 ($39.16).

Royal Dutch Shell stock opened at GBX 2,591 ($33.86) on Thursday. Royal Dutch Shell has a 1 year low of GBX 2,227 ($29.10) and a 1 year high of GBX 2,766.50 ($36.15). The firm has a 50 day moving average of GBX 2,548.17. The stock has a market capitalization of $97.05 billion and a P/E ratio of 9.16. The company has a current ratio of 1.16, a quick ratio of 0.80 and a debt-to-equity ratio of 46.21.

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.

Read More: Cash Asset Ratio

Analyst Recommendations for Royal Dutch Shell (LON:RDSB)

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.


Source link

About admin

Check Also

Diss Town FC’s footballing memories remembered with new book

The former programme editor of Diss Town Football Club has released his latest book about …

Leave a Reply

Your email address will not be published. Required fields are marked *