Royal Dutch Shell plc (ADR) Receives Consensus Recommendation of “Hold” from Analysts (NASDAQ:RDS.A)
Shares of Royal Dutch Shell plc (ADR) (NASDAQ:RDS.A) have been given a consensus recommendation of “Hold” by the sixteen ratings firms that are covering the stock, AnalystRatings.NET reports. Nine investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $80.00.
Royal Dutch Shell plc (ADR) (NASDAQ:RDS.A) last released its earnings data on Thursday, May 1st. The company reported $2.34 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.62 by $0.72.
The company also recently announced a dividend, which is scheduled for Thursday, June 26th. Stockholders of record on Friday, May 16th will be paid a dividend of $0.94 per share. The ex-dividend date is Wednesday, May 14th.
RDS.A has been the subject of a number of recent research reports. Analysts at Jefferies Group initiated coverage on shares of Royal Dutch Shell plc (ADR) in a research note on Friday, April 25th. They set a “hold” rating on the stock. Separately, analysts at BMO Capital Markets initiated coverage on shares of Royal Dutch Shell plc (ADR) in a research note on Thursday, April 3rd. They set an “outperform” rating on the stock. Finally, analysts at Cowen and Company reiterated a “market perform” rating on shares of Royal Dutch Shell plc (ADR) in a research note on Thursday, April 3rd. They now have a $78.00 price target on the stock.
Royal Dutch Shell plc (NASDAQ:RDS) is an independent oil and gas company, based in the United Kingdom.
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