Barclays Lowers Royal Dutch Shell (LON:RDSA) to Equal weight

Barclays downgraded shares of Royal Dutch Shell (LON:RDSA) to an equal weight rating in a report released on Tuesday morning, ThisIsMoney.Co.Uk reports. They currently have GBX 3,100 ($40.51) price objective on the stock, down from their prior price objective of GBX 3,250 ($42.47).

Other research analysts have also recently issued reports about the company. Credit Suisse Group lowered their target price on Royal Dutch Shell from GBX 3,175 ($41.49) to GBX 3,090 ($40.38) and set an outperform rating for the company in a research note on Wednesday, July 10th. Morgan Stanley reissued an equal weight rating and set a GBX 2,490 ($32.54) target price on shares of Royal Dutch Shell in a research note on Friday, July 12th. Jefferies Financial Group reissued a buy rating and set a GBX 2,900 ($37.89) target price on shares of Royal Dutch Shell in a research note on Friday, August 2nd. UBS Group reissued a buy rating and set a GBX 2,900 ($37.89) target price on shares of Royal Dutch Shell in a research note on Wednesday, May 29th. Finally, Royal Bank of Canada lowered their target price on Royal Dutch Shell from GBX 2,800 ($36.59) to GBX 2,750 ($35.93) and set an outperform rating for the company in a research note on Thursday, July 18th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of Buy and a consensus price target of GBX 2,858.67 ($37.35).

RDSA opened at GBX 2,288.50 ($29.90) on Tuesday. Royal Dutch Shell has a 12 month low of GBX 2,209.50 ($28.87) and a 12 month high of GBX 2,687 ($35.11). The stock has a market capitalization of $98.28 billion and a price-to-earnings ratio of 922.04. 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 business has a fifty day moving average price of GBX 2,472.70 and a 200 day moving average price of GBX 2,456.12.

The business also recently announced a dividend, which will be paid on Monday, September 23rd. Investors of record on Thursday, August 15th will be paid a dividend of $0.47 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a yield of 1.48%. Royal Dutch Shell’s payout ratio is 62.85%.

In related news, insider Neil A. P. Carson bought 16,000 shares of the stock in a transaction that occurred on Tuesday, August 6th. The stock was purchased at an average cost 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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