Royal Dutch Shell PLC (RDS.A) Stock Rating Reaffirmed by Deutsche Bank AG
Royal Dutch Shell PLC (NYSE:RDS.A)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank AG in a research report issued on Tuesday.
A number of other equities research analysts have also recently weighed in on RDS.A. Zacks Investment Research cut Royal Dutch Shell PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, July 19th. Vetr upgraded Royal Dutch Shell PLC from a “buy” rating to a “strong-buy” rating and set a $60.50 price objective for the company in a research note on Monday, July 25th. Royal Bank Of Canada cut Royal Dutch Shell PLC from an “outperform” rating to a “sector perform” rating in a research note on Monday, August 1st. RBC Capital Markets cut Royal Dutch Shell PLC from an “outperform” rating to a “sector perform” rating in a research note on Monday, August 1st. Finally, Liberum Capital lowered Royal Dutch Shell PLC from a “buy” rating to a “hold” rating in a report on Tuesday, August 2nd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $58.58.
Royal Dutch Shell PLC (NYSE:RDS.A) last announced its quarterly earnings data on Tuesday, November 1st. The company reported $0.70 EPS for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.26. Royal Dutch Shell PLC had a return on equity of 3.48% and a net margin of 1.75%. The business earned $61.86 billion during the quarter, compared to the consensus estimate of $61.10 billion. During the same period in the previous year, the company posted $0.28 earnings per share.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 16th. Shareholders of record on Friday, November 11th will be paid a dividend of $0.799 per share. The ex-dividend date of this dividend is Tuesday, November 8th. This represents a $3.20 dividend on an annualized basis and a yield of Infinity. Royal Dutch Shell PLC’s dividend payout ratio (DPR) is presently 299.07%.
About Royal Dutch Shell PLC
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 & Stock 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 stocks with our FREE daily email newsletter.