ValuEngine Downgrades Royal Dutch Shell (RDS.A) to Sell

Royal Dutch Shell (NYSE:RDS.A) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Thursday.

A number of other equities analysts also recently weighed in on the stock. Piper Jaffray Companies began coverage on shares of Royal Dutch Shell in a report on Tuesday, October 23rd. They issued a “neutral” rating on the stock. Citigroup raised shares of Royal Dutch Shell from a “sell” rating to a “neutral” rating in a report on Wednesday, October 3rd. Wolfe Research began coverage on shares of Royal Dutch Shell in a report on Friday, September 28th. They issued an “outperform” rating and a $88.00 price target on the stock. Berenberg Bank began coverage on shares of Royal Dutch Shell in a report on Tuesday, September 11th. They issued a “hold” rating on the stock. Finally, Santander raised shares of Royal Dutch Shell from an “underperform” rating to a “hold” rating in a report on Friday, August 31st. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $81.85.

RDS.A opened at $63.00 on Thursday. The company has a current ratio of 1.20, a quick ratio of 0.87 and a debt-to-equity ratio of 0.32. The firm has a market cap of $267.46 billion, a price-to-earnings ratio of 13.36, a PEG ratio of 0.85 and a beta of 1.01. Royal Dutch Shell has a 1 year low of $60.53 and a 1 year high of $73.86.

Royal Dutch Shell (NYSE:RDS.A) last posted its quarterly earnings data on Thursday, November 1st. The energy company reported $1.36 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.43 by ($0.07). The firm had revenue of $101.55 billion for the quarter. Royal Dutch Shell had a return on equity of 9.95% and a net margin of 5.74%. Royal Dutch Shell’s revenue was up 30.6% on a year-over-year basis. During the same quarter last year, the company earned $0.50 earnings per share. On average, analysts expect that Royal Dutch Shell will post 5.57 EPS for the current fiscal year.

Royal Dutch Shell Company Profile

Royal Dutch Shell Plc engages in the oil and natural gas production. It operates through the following segments: Integrated Gas, Upstream, Downstream, and Corporate. The Integrated Gas segment manages liquefied natural gas activities and the conversion of natural gas into gas to liquids fuels and other products.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Royal Dutch Shell (NYSE:RDS.A)

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