RDS-A (NASDAQ:RDS-A) Given Average Rating of “Buy” by Analysts
RDS-A (NASDAQ:RDS-A) has been given an average recommendation of “Buy” by the eleven ratings firms that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $56.20.
Several equities analysts recently weighed in on RDS-A shares. Societe Generale reiterated a “buy” rating on shares of RDS-A in a report on Wednesday, July 26th. BNP Paribas upgraded shares of RDS-A from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $46.57 to $56.39 in a report on Friday, May 26th. Morgan Stanley reiterated a “buy” rating on shares of RDS-A in a report on Monday, April 17th. Macquarie downgraded shares of RDS-A from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 21st. Finally, Citigroup Inc. reiterated a “sell” rating and issued a $46.57 price target (down previously from $56.39) on shares of RDS-A in a report on Wednesday, April 19th.
Shares of RDS-A (NASDAQ:RDS-A) traded down 0.64% during mid-day trading on Friday, hitting $55.64. 2,422,928 shares of the stock were exchanged. RDS-A has a 12 month low of $46.57 and a 12 month high of $57.75. The stock has a market cap of $228.48 billion and a PE ratio of 28.45. The stock’s 50 day moving average is $54.56 and its 200-day moving average is $53.64.
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