BNP Paribas reiterated their neutral rating on shares of Royal Dutch Shell PLC (NYSE:RDS.A) in a report released on Tuesday morning.
A number of other research firms also recently issued reports on RDS.A. Royal Bank Of Canada downgraded Royal Dutch Shell PLC from an outperform rating to a sector perform rating in a research note on Monday, August 1st. Vetr raised Royal Dutch Shell PLC from a buy rating to a strong-buy rating and set a $60.50 price objective on the stock in a research note on Monday, July 25th. Zacks Investment Research downgraded Royal Dutch Shell PLC from a buy rating to a hold rating in a research note on Tuesday, July 19th. Jefferies Group reaffirmed a buy rating on shares of Royal Dutch Shell PLC in a research note on Sunday, July 10th. Finally, Morgan Stanley downgraded Royal Dutch Shell PLC from an overweight rating to an equal weight rating in a research note on Thursday, June 30th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. Royal Dutch Shell PLC presently has a consensus rating of Buy and an average target price of $59.58.
Royal Dutch Shell PLC (NYSE:RDS.A) last issued its earnings results on Thursday, July 28th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by $0.47. The business had revenue of $58.42 billion for the quarter, compared to the consensus estimate of $60.82 billion. Royal Dutch Shell PLC had a negative net margin of 2.06% and a positive return on equity of 3.04%. The firm’s revenue for the quarter was down 19.3% compared to the same quarter last year. During the same period last year, the business posted $0.61 EPS.
The company also recently announced a quarterly dividend, which was paid on Monday, September 19th. Shareholders of record on Friday, August 12th were given a dividend of $0.799 per share. This represents a $3.20 dividend on an annualized basis and a yield of Infinity. The ex-dividend date of this dividend was Wednesday, August 10th. Royal Dutch Shell PLC’s dividend payout ratio (DPR) is presently -201.26%.
Royal Dutch Shell PLC Company Profile