HSBC Holdings PLC downgraded shares of Royal Dutch Shell PLC (NYSE:RDS.A) from a buy rating to a hold rating in a research note published on Tuesday morning, Marketbeat reports.

RDS.A has been the subject of a number of other reports. Piper Jaffray Companies reiterated a buy rating and set a $62.00 target price on shares of Royal Dutch Shell PLC in a research report on Thursday, September 28th. Zacks Investment Research downgraded Royal Dutch Shell PLC from a hold rating to a sell rating in a research report on Thursday, August 31st. Jefferies Group LLC reiterated a buy rating and set a $63.20 target price on shares of Royal Dutch Shell PLC in a research report on Friday, October 6th. Societe Generale downgraded Royal Dutch Shell PLC from a buy rating to a hold rating in a research report on Friday, November 3rd. Finally, ValuEngine upgraded Royal Dutch Shell PLC from a hold rating to a buy rating in a research report on Thursday, November 9th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of $58.78.

Shares of Royal Dutch Shell PLC (NYSE:RDS.A) opened at $62.44 on Tuesday. The company has a current ratio of 1.23, a quick ratio of 0.91 and a debt-to-equity ratio of 0.40. Royal Dutch Shell PLC has a fifty-two week low of $48.34 and a fifty-two week high of $65.83. The stock has a market cap of $257,608.66, a P/E ratio of 19.92, a price-to-earnings-growth ratio of 3.47 and a beta of 1.04.

Royal Dutch Shell PLC (NYSE:RDS.A) last announced its quarterly earnings data on Thursday, November 2nd. The energy company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.32). Royal Dutch Shell PLC had a net margin of 3.71% and a return on equity of 6.64%. The company had revenue of $75.83 billion for the quarter, compared to analysts’ expectations of $74.15 billion. During the same period last year, the business earned $0.70 earnings per share. The company’s quarterly revenue was up 22.6% compared to the same quarter last year. equities research analysts anticipate that Royal Dutch Shell PLC will post 3.58 earnings per share for the current year.

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Royal Dutch Shell PLC 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 PLC (NYSE:RDS.A)

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