Royal Dutch Shell (LON:RDSB) Sets New 52-Week High at $1,813.80

Royal Dutch Shell plc (LON:RDSB)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 1,813.80 ($24.62) and last traded at GBX 1,813 ($24.61), with a volume of 2745769 shares trading hands. The stock had previously closed at GBX 1,807.20 ($24.53).

Several equities research analysts have recently issued reports on RDSB shares. Deutsche Bank Aktiengesellschaft set a GBX 2,038 ($27.66) price objective on Royal Dutch Shell in a research note on Friday, December 3rd. Royal Bank of Canada set a GBX 2,500 ($33.94) price objective on Royal Dutch Shell in a research note on Monday, January 10th. Jefferies Financial Group set a GBX 2,200 ($29.86) price objective on Royal Dutch Shell in a research note on Monday, December 20th. Morgan Stanley reissued an “overweight” rating and set a GBX 2,136 ($28.99) price target on shares of Royal Dutch Shell in a research note on Wednesday. Finally, Berenberg Bank decreased their price target on Royal Dutch Shell from GBX 2,150 ($29.18) to GBX 2,100 ($28.51) and set a “buy” rating for the company in a research note on Friday, October 29th. Eleven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 2,319.45 ($31.48).

The firm has a fifty day simple moving average of GBX 1,660.78 and a 200 day simple moving average of GBX 1,565.35. The company has a market capitalization of £140.12 billion and a PE ratio of 41.33. The company has a debt-to-equity ratio of 57.23, a quick ratio of 0.81 and a current ratio of 1.26.

The company also recently disclosed a dividend, which was paid on Monday, December 20th. Shareholders of record on Thursday, November 11th were issued a dividend of $0.24 per share. The ex-dividend date of this dividend was Thursday, November 11th. This represents a yield of 0.99%. Royal Dutch Shell’s payout ratio is currently 1.69%.

Royal Dutch Shell Company Profile (LON:RDSB)

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, Oil Products, Chemicals 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.

See Also: Limitations of analyzing profit margin

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's FREE daily email newsletter.