Trade Report: Today, Royal Dutch Shell PLC (RDS.A) Given Neutral Rating at BNP Paribas

Today, Royal Dutch Shell PLC (RDS.A) Given Neutral Rating at BNP Paribas

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

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