Royal Dutch Shell PLC’s (RDS.A) “Neutral” Rating Reaffirmed at BNP Paribas
Several other research firms also recently commented on RDS.A. Simmons reissued an overweight rating on shares of Royal Dutch Shell PLC in a research report on Thursday, August 11th. Zacks Investment Research downgraded shares of Royal Dutch Shell PLC from a hold rating to a sell rating in a research report on Tuesday, September 20th. Vetr cut shares of Royal Dutch Shell PLC from a buy rating to a hold rating and set a $56.04 price target on the stock. in a report on Monday, June 27th. Jefferies Group restated a buy rating on shares of Royal Dutch Shell PLC in a report on Thursday, June 30th. Finally, Argus restated a buy rating and set a $60.00 price target on shares of Royal Dutch Shell PLC in a report on Wednesday, August 24th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. Royal Dutch Shell PLC has an average rating of Buy and an average price target of $59.58.
Royal Dutch Shell PLC (NYSE:RDS.A) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.53 by $0.47. Royal Dutch Shell PLC had a negative net margin of 2.06% and a positive return on equity of 3.04%. The company earned $58.42 billion during the quarter, compared to the consensus estimate of $60.82 billion. During the same period last year, the firm posted $0.61 earnings per share. The company’s revenue for the quarter was down 19.3% on a year-over-year basis.
The firm also recently declared a quarterly dividend, which was paid on Monday, September 19th. Investors of record on Friday, August 12th were paid a dividend of $0.799 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of Infinity. The ex-dividend date of this dividend was Wednesday, August 10th. Royal Dutch Shell PLC’s payout ratio is currently -201.26%.
Royal Dutch Shell PLC Company Profile
Royal Dutch Shell plc (Shell) is an independent oil and gas company. The Company explores for crude oil and natural gas across the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company is engaged in the principal aspects of the oil and gas industry in approximately 70 countries.
Receive News & Ratings for Royal Dutch Shell PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell PLC and related companies with MarketBeat.com's FREE daily email newsletter.