Royal Dutch Shell (LON:RDSA) Stock Rating Lowered by AlphaValue

AlphaValue lowered shares of Royal Dutch Shell (LON:RDSA) to an add rating in a research note issued to investors on Monday morning, ThisIsMoney.Co.Uk reports. The firm currently has GBX 2,673 ($34.93) price objective on the stock, down from their prior price objective of GBX 2,890 ($37.76).

Other equities analysts also recently issued reports about the stock. Barclays restated an overweight rating on shares of Royal Dutch Shell in a research note on Wednesday, July 24th. Jefferies Financial Group restated a buy rating and issued a GBX 2,900 ($37.89) target price on shares of Royal Dutch Shell in a research note on Friday, August 2nd. Morgan Stanley restated an equal weight rating and issued a GBX 2,490 ($32.54) target price on shares of Royal Dutch Shell in a research note on Friday, July 12th. HSBC upped their target price on shares of Royal Dutch Shell from GBX 2,840 ($37.11) to GBX 2,875 ($37.57) and gave the stock a buy rating in a research note on Wednesday, July 10th. Finally, Credit Suisse Group dropped their target price on shares of Royal Dutch Shell from GBX 3,175 ($41.49) to GBX 3,090 ($40.38) and set an outperform rating on the stock in a research note on Wednesday, July 10th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of Buy and an average target price of GBX 2,875.33 ($37.57).

Shares of RDSA stock opened at GBX 2,275 ($29.73) on Monday. The company has a debt-to-equity ratio of 47.21, a current ratio of 1.10 and a quick ratio of 0.73. The company has a market cap of $97.83 billion and a P/E ratio of 916.60. The stock has a 50-day moving average of GBX 2,513.67. Royal Dutch Shell has a one year low of GBX 2,209.50 ($28.87) and a one year high of GBX 2,687 ($35.11).

The firm also recently declared a dividend, which will be paid on Monday, September 23rd. Stockholders of record on Thursday, August 15th will be given a $0.47 dividend. The ex-dividend date is Thursday, August 15th. This represents a dividend yield of 1.48%. Royal Dutch Shell’s payout ratio is presently 62.05%.

In other Royal Dutch Shell news, insider Neil A. P. Carson purchased 16,000 shares of the stock in a transaction dated Tuesday, August 6th. The stock was purchased at an average price of GBX 2,326 ($30.39) per share, with a total value of £372,160 ($486,292.96).

About Royal Dutch Shell

Royal Dutch Shell plc operates as an energy and petrochemical company worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for, and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.

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Analyst Recommendations for Royal Dutch Shell (LON:RDSA)

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