RDS-A (NASDAQ:RDS-A) was downgraded by investment analysts at Canaccord Genuity from a “hold” rating to a “sell” rating in a research note issued to investors on Friday. They currently have a $50.55 price target on the stock, up from their prior price target of $35.80.

Several other research firms have also recently weighed in on RDS-A. Royal Bank Of Canada cut RDS-A from an “outperform” rating to a “sector perform” rating in a report on Monday, August 1st. Liberum Capital cut RDS-A from a “buy” rating to a “hold” rating in a report on Tuesday, August 2nd. One investment 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. RDS-A currently has a consensus rating of “Hold” and an average target price of $57.39.

Analyst Recommendations for RDS-A (NASDAQ:RDS-A)

Shares of RDS-A (NASDAQ:RDS-A) opened at 50.55 on Friday. RDS-A has a one year low of $35.80 and a one year high of $56.41. The company’s market cap is $202.20 billion. The company’s 50-day moving average price is $49.45 and its 200 day moving average price is $50.89.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/14/rds-a-rds-a-stock-rating-lowered-by-canaccord-genuity.html

5 Day Chart for NASDAQ:RDS-A

Receive News & Ratings for RDS-A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RDS-A and related companies with MarketBeat.com's FREE daily email newsletter.