Royal Dutch Shell PLC (NYSE:RDS.A)‘s stock had its “neutral” rating reiterated by stock analysts at Citigroup Inc. in a research report issued to clients and investors on Thursday.
Other equities research analysts also recently issued reports about the stock. BNP Paribas reiterated a “neutral” rating on shares of Royal Dutch Shell PLC in a research report on Tuesday, October 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. Argus reiterated a “buy” rating and issued a $60.00 price target on shares of Royal Dutch Shell PLC in a research report on Wednesday, August 24th. Simmons reiterated an “overweight” rating on shares of Royal Dutch Shell PLC in a research report on Thursday, August 11th. Finally, Liberum Capital downgraded shares of Royal Dutch Shell PLC from a “buy” rating to a “hold” rating in a research report on Tuesday, August 2nd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price 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 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by $0.47. Royal Dutch Shell PLC had a positive return on equity of 3.04% and a negative net margin of 2.06%. The business had revenue of $58.42 billion for the quarter, compared to the consensus estimate of $60.82 billion. During the same quarter in the previous year, the business posted $0.61 EPS. The company’s revenue for the quarter was down 19.3% on a year-over-year basis.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 19th. Investors of record on Friday, August 12th were paid a $0.799 dividend. The ex-dividend date of this dividend was Wednesday, August 10th. This represents a $3.20 annualized dividend and a dividend yield of Infinity. Royal Dutch Shell PLC’s dividend payout ratio is -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.