Macquarie Upgrades Royal Dutch Shell (RDS.A) to Outperform

Royal Dutch Shell (NYSE:RDS.A) was upgraded by equities researchers at Macquarie from a “neutral” rating to an “outperform” rating in a report released on Monday.

RDS.A has been the subject of a number of other reports. Zacks Investment Research upgraded shares of Royal Dutch Shell from a “sell” rating to a “hold” rating in a report on Monday, August 7th. Scotiabank set a $54.00 target price on shares of Royal Dutch Shell and gave the company a “hold” rating in a report on Tuesday, August 8th. Jefferies Group set a $65.00 target price on shares of Royal Dutch Shell and gave the company a “buy” rating in a report on Friday, August 18th. Piper Jaffray Companies set a $62.00 target price on shares of Royal Dutch Shell and gave the company a “buy” rating in a report on Friday, August 25th. Finally, Societe Generale downgraded shares of Royal Dutch Shell from a “buy” rating to a “hold” rating in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company’s stock. Royal Dutch Shell has an average rating of “Buy” and a consensus price target of $60.40.

Royal Dutch Shell (RDS.A) opened at $63.99 on Monday. The company has a current ratio of 1.23, a quick ratio of 0.91 and a debt-to-equity ratio of 0.40. The stock has a market cap of $266,960.00, a PE ratio of 20.57, a price-to-earnings-growth ratio of 3.53 and a beta of 1.08. Royal Dutch Shell has a 52-week low of $50.32 and a 52-week high of $65.83.

Royal Dutch Shell (NYSE:RDS.A) last issued its quarterly earnings results on Thursday, November 2nd. The energy company reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.32). The firm had revenue of $75.83 billion for the quarter, compared to analysts’ expectations of $74.15 billion. Royal Dutch Shell had a return on equity of 6.64% and a net margin of 3.71%. The business’s quarterly revenue was up 22.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.70 earnings per share. equities analysts expect that Royal Dutch Shell will post 3.63 EPS for the current year.

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Royal Dutch Shell 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.

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

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