Royal Dutch Shell (NYSE:RDS.A) Stock Rating Lowered by ValuEngine

Share on StockTwits

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

A number of other research analysts have also weighed in on RDS.A. Deutsche Bank raised Royal Dutch Shell from a “hold” rating to a “buy” rating in a report on Monday, May 13th. Societe Generale upgraded shares of Royal Dutch Shell from a “hold” rating to a “buy” rating in a report on Thursday, May 30th. Cowen downgraded shares of Royal Dutch Shell from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $69.00 to $60.00 in a report on Thursday, September 5th. JPMorgan Chase & Co. reiterated a “buy” rating on shares of Royal Dutch Shell in a report on Friday, August 30th. Finally, BNP Paribas downgraded shares of Royal Dutch Shell from an “outperform” rating to a “neutral” rating in a report on Wednesday, July 3rd. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the stock. Royal Dutch Shell has a consensus rating of “Hold” and an average target price of $73.33.

Shares of NYSE:RDS.A traded up $0.13 during midday trading on Tuesday, reaching $56.63. The company had a trading volume of 412,960 shares, compared to its average volume of 2,634,169. The stock has a market cap of $230.66 billion, a PE ratio of 10.98, a P/E/G ratio of 2.27 and a beta of 0.85. Royal Dutch Shell has a 1-year low of $54.56 and a 1-year high of $70.09. The business’s 50 day moving average price is $57.44 and its 200 day moving average price is $62.13. The company has a quick ratio of 0.81, a current ratio of 1.10 and a debt-to-equity ratio of 0.39.

Royal Dutch Shell (NYSE:RDS.A) last issued its earnings results on Thursday, August 1st. The energy company reported $0.86 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.22 by ($0.36). The firm had revenue of $91.84 billion for the quarter, compared to analyst estimates of $91.60 billion. Royal Dutch Shell had a return on equity of 10.03% and a net margin of 5.34%. On average, research analysts expect that Royal Dutch Shell will post 4.51 earnings per share for the current fiscal year.

About Royal Dutch Shell

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.

Featured Story: What are the qualifications of a portfolio manager?

To view ValuEngine’s full report, visit ValuEngine’s official website.

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

Receive News & Ratings for Royal Dutch Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Dutch Shell and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Zebra Capital Management LLC Trims Stock Position in Emerson Electric Co.
Zebra Capital Management LLC Trims Stock Position in Emerson Electric Co.
Zebra Capital Management LLC Has $335,000 Stake in MAXIMUS, Inc.
Zebra Capital Management LLC Has $335,000 Stake in MAXIMUS, Inc.
Zebra Capital Management LLC Decreases Position in Maxim Integrated Products Inc.
Zebra Capital Management LLC Decreases Position in Maxim Integrated Products Inc.
Zebra Capital Management LLC Lowers Position in Home Depot Inc
Zebra Capital Management LLC Lowers Position in Home Depot Inc
Zebra Capital Management LLC Decreases Position in CONMED Co.
Zebra Capital Management LLC Decreases Position in CONMED Co.
Zebra Capital Management LLC Has $368,000 Stock Position in Cerner Co.
Zebra Capital Management LLC Has $368,000 Stock Position in Cerner Co.


 
© 2006-2019 Zolmax.