Royal Dutch Shell (NYSE:RDS.A) was upgraded by investment analysts at Howard Weil to an “outperform” rating in a note issued to investors on Friday.
A number of other brokerages also recently weighed in on RDS.A. Piper Jaffray Companies set a $62.00 price target on shares of Royal Dutch Shell and gave the company a “buy” rating in a report on Friday, August 25th. Jefferies Group set a $63.00 price objective on shares of Royal Dutch Shell and gave the stock a “buy” rating in a report on Tuesday, August 29th. Zacks Investment Research downgraded shares of Royal Dutch Shell from a “hold” rating to a “sell” rating in a report on Thursday, August 31st. Societe Generale downgraded shares of Royal Dutch Shell from a “buy” rating to a “hold” rating in a report on Friday, November 3rd. Finally, ValuEngine raised shares of Royal Dutch Shell from a “hold” rating to a “buy” rating in a report on Thursday, November 9th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $61.03.
Royal Dutch Shell (NYSE:RDS.A) opened at $66.18 on Friday. Royal Dutch Shell has a 12 month low of $50.32 and a 12 month high of $66.21. The company has a market cap of $273,310.00, a price-to-earnings ratio of 20.80, a PEG ratio of 3.58 and a beta of 1.08. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.91 and a current ratio of 1.23.
Institutional investors and hedge funds have recently bought and sold shares of the business. Janus Capital Management grew its position in shares of Royal Dutch Shell by 31.7% during the 3rd quarter. Janus Capital Management now owns 29,143 shares of the energy company’s stock worth $1,381,000 after buying an additional 7,017 shares during the period. Chicago Trust Company boosted its stake in Royal Dutch Shell by 5.3% during the 4th quarter. Chicago Trust Company now owns 30,283 shares of the energy company’s stock worth $1,387,000 after acquiring an additional 1,521 shares during the last quarter. Raymond James Trust boosted its stake in Royal Dutch Shell by 10.4% during the 4th quarter. Raymond James Trust now owns 34,479 shares of the energy company’s stock worth $1,579,000 after acquiring an additional 3,236 shares during the last quarter. Evelyn V. Moreno boosted its stake in Royal Dutch Shell by 36.8% during the 4th quarter. Evelyn V. Moreno now owns 69,080 shares of the energy company’s stock worth $3,163,000 after acquiring an additional 18,565 shares during the last quarter. Finally, Park National boosted its stake in Royal Dutch Shell by 1.5% during the 4th quarter. Park National now owns 102,043 shares of the energy company’s stock worth $4,672,000 after acquiring an additional 1,514 shares during the last quarter. Hedge funds and other institutional investors own 6.53% of the company’s stock.
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About Royal Dutch Shell
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.
