Todays Report: Today, Royal Dutch Shell PLC’s (RDS.A) Neutral Rating Reiterated at Citigroup Inc.

Today, Royal Dutch Shell PLC’s (RDS.A) Neutral Rating Reiterated at Citigroup Inc.

Citigroup Inc. reissued their neutral rating on shares of Royal Dutch Shell PLC (NYSE:RDS.A) in a report issued on Thursday.

Several other research analysts have also recently commented on RDS.A. BNP Paribas reissued a neutral rating on shares of Royal Dutch Shell PLC in a research note on Tuesday, October 11th. Zacks Investment Research cut Royal Dutch Shell PLC from a hold rating to a sell rating in a research report on Tuesday, September 20th. Argus reissued a buy rating and issued a $60.00 target price on shares of Royal Dutch Shell PLC in a research report on Wednesday, August 24th. Simmons reissued an overweight rating on shares of Royal Dutch Shell PLC in a research report on Thursday, August 11th. Finally, Liberum Capital cut Royal Dutch Shell PLC from a buy rating to a hold rating in a research report on Tuesday, August 2nd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus price target of $58.58.

Royal Dutch Shell PLC (NYSE:RDS.A) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.06 EPS for the quarter, missing the Zacks’ consensus estimate 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 company had revenue of $58.42 billion for the quarter, compared to analysts’ expectations of $60.82 billion. During the same quarter in the previous year, the business posted $0.61 EPS. The business’s quarterly revenue was down 19.3% compared to the same quarter last year.

The business also recently announced a quarterly dividend, which was paid on Monday, September 19th. Shareholders of record on Friday, August 12th were issued 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%.

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