Royal Dutch Shell plc Rating Increased to Overweight at Morgan Stanley (RDS.A)
A number of other analysts have also recently weighed in on RDS.A. Analysts at Jefferies Group initiated coverage on shares of Royal Dutch Shell plc 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 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 in a research note on Thursday, April 3rd. They now have a $78.00 price target on the stock. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $80.00.
Royal Dutch Shell plc (NASDAQ:RDS.A) last posted its quarterly earnings results 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.
Royal Dutch Shell plc (NASDAQ:RDS) is an independent oil and gas company, based in the United Kingdom.
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