RDS-A (RDS-A) Downgraded by Canaccord Genuity
RDS-A (NASDAQ:RDS-A) was downgraded by analysts at Canaccord Genuity from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Friday. They currently have a $50.55 target price on the stock, up from their prior target price of $35.80.
A number of other research analysts have also recently issued reports on the stock. Liberum Capital cut shares of RDS-A from a “buy” rating to a “hold” rating in a report on Tuesday, August 2nd. Royal Bank Of Canada lowered shares of RDS-A from an “outperform” rating to a “sector perform” rating in a research report on Monday, August 1st. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $57.39.
RDS-A (NASDAQ:RDS-A) opened at 50.55 on Friday. RDS-A has a 52 week low of $35.80 and a 52 week high of $56.41. The company has a 50-day moving average of $49.45 and a 200-day moving average of $50.89. The firm’s market cap is $202.20 billion.
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