AreRoyal Dutch Shell (NYSE:RDS.A) Shares Worth Your Dime? Credit Agricole Believes So


How Credit Agricole Currently Rates Royal Dutch Shell (NYSE:RDS.A)

Credit Agricole issued Outperform rating on Royal Dutch Shell (NYSE:RDS.A). The firm commenced coverage coverage on shares of RDS.A in a recent research report distributed to Clients on Tuesday, 15 December.

From a total of 3 analysts covering Royal Dutch Shell Plc (NYSE:RDS.A) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 1 a ”Hold”. This means that 67% of the ratings are positive. The highest target price is $73 while the lowest target price is $54. The mean of all analyst targets is $64.05 with a 43.35% above today’s ($44.68) stock price. Royal Dutch Shell Plc was the topic of 6 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Argus Research upgraded shares on October 14 to “Buy” rating.

The stock increased 1.66% or $0.73 on December 15, striking $44.68. Approximately 5.24M shares of stock traded hands or 20.74% up from the average. Royal Dutch Shell plc (ADR) (NYSE:RDS.A) has declined 30.94% since May 12, 2015 and is downtrending. It has underperformed by 27.26% the S&P500.

Royal Dutch Shell plc is an independent gas and oil company. The company has a market cap of $138.00 billion. The Firm is engaged in the principal aspects of the gas and oil industry in more than 70 countries. It has 92.51 P/E ratio. The Firm operates in three divisions: Upstream, Downstream and Corporate.

According to Zacks Investment Research, “Royal Dutch Petroleum Company owns 60% of the Royal Dutch/Shell Group of companies. These companies are involved in all phases of the petroleum industry from exploration to final processing and delivery. Royal Dutch Petroleum Company has not operations of its own, and virtually the whole of its income is derived from its 60% interest.”