Royal Dutch Shell (RDS.A) Downgraded to Sell at ValuEngine

Royal Dutch Shell (NYSE:RDS.A) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday.

A number of other brokerages have also weighed in on RDS.A. Zacks Investment Research lowered shares of Royal Dutch Shell from a “buy” rating to a “hold” rating in a report on Monday, August 13th. Morgan Stanley lowered shares of Royal Dutch Shell from an “overweight” rating to an “equal weight” rating in a report on Wednesday, August 1st. Piper Jaffray Companies started coverage on shares of Royal Dutch Shell in a report on Tuesday, October 23rd. They issued a “neutral” rating for the company. Wolfe Research started coverage on shares of Royal Dutch Shell in a report on Friday, September 28th. They issued an “outperform” rating and a $88.00 price target for the company. Finally, Raymond James raised shares of Royal Dutch Shell from a “market perform” rating to an “outperform” rating in a report on Thursday, July 19th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $81.85.

Shares of NYSE RDS.A traded down $1.35 during mid-day trading on Thursday, hitting $62.77. 3,584,158 shares of the stock were exchanged, compared to its average volume of 3,556,989. The firm has a market cap of $264.67 billion, a price-to-earnings ratio of 16.35, a PEG ratio of 0.84 and a beta of 1.01. The company has a current ratio of 1.20, a quick ratio of 0.87 and a debt-to-equity ratio of 0.32. Royal Dutch Shell has a twelve month low of $60.53 and a twelve month high of $73.86.

Royal Dutch Shell (NYSE:RDS.A) last posted its quarterly earnings data on Thursday, November 1st. The energy company reported $1.36 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.43 by ($0.07). The firm had revenue of $101.55 billion for the quarter. Royal Dutch Shell had a return on equity of 9.95% and a net margin of 5.74%. The company’s quarterly revenue was up 30.6% on a year-over-year basis. During the same period last year, the firm posted $0.50 earnings per share. On average, analysts forecast that Royal Dutch Shell will post 5.57 earnings per share for the current year.

Royal Dutch Shell Company Profile

Royal Dutch Shell Plc engages in the oil and natural gas production. It operates through the following segments: Integrated Gas, Upstream, Downstream, and Corporate. The Integrated Gas segment manages liquefied natural gas activities and the conversion of natural gas into gas to liquids fuels and other products.

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Analyst Recommendations for Royal Dutch Shell (NYSE:RDS.A)

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