RDS-A (RDS-A) Stock Rating Lowered by Canaccord Genuity
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.
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.
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