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Downgrading of Royal Dutch Shell Plc

Screen Shot 2013-10-01 at 07.56.54Several analysts have given a negative reaction to the announcement of the dismal 3rd Quarter Results for Royal Dutch Dutch Shell Plc.

By John Donovan

Several analysts have given a negative reaction to the announcement of the dismal 3rd Quarter Results for Royal Dutch Dutch Shell Plc.

Investec and  Beaufort Securities have issued downgrades for the company stock.

Bank of America Corp has reiterated an “under-perform” rating.

(Above information from tickerreport.com)

Royal Dutch Shell (NASDAQ:RDS.A) was downgraded by Macquarie from an “outperform” rating to a “neutral” rating in a research note issued on Friday.

Analysts at Societe Generale downgraded shares of Royal Dutch Shell from a “buy” rating to a “hold” rating.

(Above information from Zolmax News)

*Investopedia definition of ‘Downgrade’

A negative change in the rating of a security. This situation occurs when analysts feel that the future prospects for the security have weakened from the original recommendation, usually due to a material and fundamental change in the company’s operations, future outlook or industry.

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