Barclays Lowers Royal Dutch Shell (NYSE:RDS.A) to Equal Weight

Barclays downgraded shares of Royal Dutch Shell (NYSE:RDS.A) from an overweight rating to an equal weight rating in a report issued on Monday, The Fly reports.

RDS.A has been the topic of several other reports. Deutsche Bank upgraded Royal Dutch Shell from a hold rating to a buy rating in a research report on Monday, May 13th. BNP Paribas lowered Royal Dutch Shell from an outperform rating to a neutral rating in a research report on Wednesday, July 3rd. HSBC upgraded Royal Dutch Shell from a hold rating to a buy rating in a research report on Monday, May 13th. ValuEngine upgraded Royal Dutch Shell from a sell rating to a hold rating in a research report on Friday, May 3rd. Finally, Cowen restated an outperform rating and issued a $80.00 price target on shares of Royal Dutch Shell in a research report on Monday, June 3rd. Eleven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of $80.00.

NYSE:RDS.A opened at $55.89 on Monday. Royal Dutch Shell has a 12-month low of $54.78 and a 12-month 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 firm has a market capitalization of $228.67 billion, a P/E ratio of 10.83, a P/E/G ratio of 2.18 and a beta of 0.81. The stock’s fifty day simple moving average is $60.90 and its 200-day simple moving average is $62.85.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 23rd. Shareholders of record on Friday, August 16th will be issued a dividend of $0.799 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $3.20 annualized dividend and a yield of 5.72%. Royal Dutch Shell’s dividend payout ratio is presently 62.02%.

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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