Royal Dutch Shell PLC (NYSE:RDS.A) Receives Average Recommendation of “Buy” from Analysts
Royal Dutch Shell PLC (NYSE:RDS.A) has earned a consensus rating of “Buy” from the twenty-one research firms that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation, four have given a hold recommendation, twelve have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $57.44.
Several equities research analysts have recently issued reports on RDS.A shares. Zacks Investment Research cut shares of Royal Dutch Shell PLC from a “hold” rating to a “strong sell” rating in a research report on Friday, May 19th. Morgan Stanley reaffirmed a “buy” rating on shares of Royal Dutch Shell PLC in a research report on Thursday, April 13th. Scotiabank set a $54.00 price objective on shares of Royal Dutch Shell PLC and gave the stock a “hold” rating in a research report on Monday, March 27th. Simmons decreased their price objective on shares of Royal Dutch Shell PLC from $61.00 to $60.00 and set an “overweight” rating for the company in a research report on Thursday, April 20th. Finally, Citigroup Inc. cut shares of Royal Dutch Shell PLC from a “neutral” rating to a “sell” rating and set a $47.00 price objective for the company. in a research report on Wednesday, April 19th.
The company also recently declared a quarterly dividend, which was paid on Monday, June 26th. Stockholders of record on Friday, May 19th were paid a dividend of $0.799 per share. The ex-dividend date of this dividend was Wednesday, May 17th. This represents a $3.20 dividend on an annualized basis and a dividend yield of Infinity. Royal Dutch Shell PLC’s dividend payout ratio (DPR) is 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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