Societe Generale Downgrades Royal Dutch Shell PLC (RDS.B) to Hold

Royal Dutch Shell PLC (NYSE:RDS.B) was downgraded by investment analysts at Societe Generale from a “buy” rating to a “hold” rating in a research note issued on Friday.

Royal Dutch Shell PLC (NYSE:RDS.B) traded down $0.17 during trading on Friday, reaching $65.88. The company’s stock had a trading volume of 1,240,000 shares, compared to its average volume of 1,210,000. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.41. The stock has a market cap of $265,680.00, a P/E ratio of 21.12 and a beta of 1.13. Royal Dutch Shell PLC has a twelve month low of $50.94 and a twelve month high of $66.06.

COPYRIGHT VIOLATION NOTICE: “Societe Generale Downgrades Royal Dutch Shell PLC (RDS.B) to Hold” was originally published by Community Financial News and is owned by of Community Financial News. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this report can be viewed at https://www.com-unik.info/2017/11/05/societe-generale-downgrades-royal-dutch-shell-plc-rds-b-to-hold.html.

About Royal Dutch Shell PLC

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.

What are top analysts saying about Royal Dutch Shell PLC? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Royal Dutch Shell PLC and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit