RDS.A has been the subject of several other reports. Royal Bank Of Canada cut Royal Dutch Shell PLC from an outperform rating to a sector perform rating in a research report on Monday, August 1st. Argus reiterated a buy rating and issued a $60.00 price target on shares of Royal Dutch Shell PLC in a research report on Wednesday, August 24th. Vetr upgraded Royal Dutch Shell PLC from a hold rating to a buy rating and set a $60.50 price target for the company in a research report on Monday, July 11th. Morgan Stanley cut Royal Dutch Shell PLC from an overweight rating to an equal weight rating in a research report on Thursday, June 30th. 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, seven have assigned a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of $59.58.
Royal Dutch Shell PLC (NYSE:RDS.A) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.06 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by $0.47. The company earned $58.42 billion during the quarter, compared to analysts’ expectations 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%. Royal Dutch Shell PLC’s revenue for the quarter was down 19.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.61 earnings per share.
The firm also recently announced a quarterly dividend, which was paid on Monday, September 19th. Investors of record on Friday, August 12th were given a dividend of $0.799 per share. This represents a $3.20 annualized dividend and a yield of Infinity. The ex-dividend date of this dividend was Wednesday, August 10th. Royal Dutch Shell PLC’s payout ratio is -201.26%.
Royal Dutch Shell PLC Company Profile
Royal Dutch Shell plc (Shell) is an independent oil and gas company. The Company explores for crude oil and natural gas across the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company is engaged in the principal aspects of the oil and gas industry in approximately 70 countries.
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