Royal Bank Of Canada Downgraded Royal Dutch Shell PLC (RDS)


Royal Dutch Shell PLC (NYSE:RDS.A) was downgraded by research analysts at Royal Bank Of Canada from an “outperform” rating to a “sector perform” rating in a report issued on Monday.

A number of other analysts have also recently weighed in on RDS.A. Citigroup Inc. cut shares of Royal Dutch Shell PLC from a “buy” rating to a “neutral” rating in a research report on Thursday, May 5th. Vetr cut shares of Royal Dutch Shell PLC from a “strong-buy” rating to a “buy” rating and set a $54.66 price target for the company. in a research report on Monday, April 11th. BMO Capital Markets raised shares of Royal Dutch Shell PLC from a “market perform” rating to an “outperform” rating in a research report on Wednesday, June 15th. Jefferies Group reaffirmed a “buy” rating on shares of Royal Dutch Shell PLC in a research report on Sunday, July 10th. Finally, Zacks Investment Research raised shares of Royal Dutch Shell PLC from a “sell” rating to a “hold” rating and set a $63.00 price target for the company in a research report on Tuesday, July 12th. Six investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $61.52.


Source: WKRB News

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