Royal Dutch Shell PLC (RDS.A) Receives Average Rating of “Buy” from Analysts
Shares of Royal Dutch Shell PLC (NYSE:RDS.A) have received a consensus rating of “Buy” from the twenty brokerages that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, four have assigned a hold rating, eleven have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $57.44.
A number of analysts have recently commented on the company. Jefferies Group LLC set a $65.00 target price on Royal Dutch Shell PLC and gave the stock a “buy” rating in a research note on Saturday. Macquarie downgraded Royal Dutch Shell PLC from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 21st. BNP Paribas upgraded Royal Dutch Shell PLC from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $47.00 to $57.00 in a research note on Monday, May 29th. Exane BNP Paribas upgraded Royal Dutch Shell PLC from a “neutral” rating to an “outperform” rating in a research report on Friday, May 26th. Finally, Zacks Investment Research downgraded Royal Dutch Shell PLC from a “hold” rating to a “strong sell” rating in a research report on Friday, May 19th.
The company also recently announced a quarterly dividend, which was paid on Monday, June 26th. Stockholders of record on Friday, May 19th were given a $0.799 dividend. The ex-dividend date of this dividend was Wednesday, May 17th. This represents a $3.20 annualized dividend and a dividend yield of Infinity. Royal Dutch Shell PLC’s dividend payout ratio (DPR) is presently 171.12%.
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Royal Dutch Shell PLC Company Profile
The Royal Dutch Shell plc explores for crude oil and natural gas around the world, both in conventional fields and from sources, such as tight rock, shale and coal formations. The Company’s segments include Integrated Gas, Upstream, Downstream and Corporate. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.
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