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%.
About Royal Dutch Shell PLC