Royal Dutch Shell (NYSE:RDS.A) Downgraded to Hold at HSBC

Royal Dutch Shell (NYSE:RDS.A) was downgraded by equities research analysts at HSBC from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, The Fly reports.

A number of other equities research analysts also recently commented on RDS.A. Societe Generale raised Royal Dutch Shell from a “hold” rating to a “buy” rating in a report on Thursday, May 30th. ValuEngine cut Royal Dutch Shell from a “hold” rating to a “sell” rating in a research report on Tuesday. BMO Capital Markets assumed coverage on Royal Dutch Shell in a research report on Tuesday, August 20th. They issued a “market perform” rating for the company. Cowen cut Royal Dutch Shell from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $69.00 to $60.00 in a research report on Thursday, September 5th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Royal Dutch Shell in a research report on Friday, August 30th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $73.33.

Shares of NYSE RDS.A traded up $0.40 during mid-day trading on Wednesday, hitting $56.95. 274,039 shares of the company were exchanged, compared to its average volume of 2,674,338. Royal Dutch Shell has a 1-year low of $54.56 and a 1-year high of $70.09. The company has a quick ratio of 0.81, a current ratio of 1.10 and a debt-to-equity ratio of 0.39. The stock has a 50 day simple moving average of $57.44 and a 200-day simple moving average of $62.13. The firm has a market cap of $231.97 billion, a price-to-earnings ratio of 11.04, a price-to-earnings-growth ratio of 2.29 and a beta of 0.85.

Royal Dutch Shell (NYSE:RDS.A) last released its earnings results on Thursday, August 1st. The energy company reported $0.86 EPS for the quarter, missing analysts’ consensus estimates of $1.22 by ($0.36). Royal Dutch Shell had a net margin of 5.34% and a return on equity of 10.03%. The business had revenue of $91.84 billion during the quarter, compared to analyst estimates of $91.60 billion. Analysts anticipate that Royal Dutch Shell will post 4.51 earnings per share for the current fiscal year.

Royal Dutch Shell Company Profile

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 (NYSE:RDS.A)

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