Societe Generale Upgrades RDS-A (RDS-A) to Buy
RDS-A (NASDAQ:RDS-A) was upgraded by Societe Generale from a “hold” rating to a “buy” rating in a research note issued on Friday.
Several other research analysts also recently weighed in on the company. Simmons reiterated an “overweight” rating and set a $60.00 price target (down previously from $61.00) on shares of RDS-A in a research note on Wednesday, April 19th. Jefferies Group LLC reiterated a “buy” rating and set a $67.50 price target on shares of RDS-A in a research note on Monday, April 3rd. Morgan Stanley reiterated a “buy” rating on shares of RDS-A in a research note on Monday, April 17th. Erste Group upgraded RDS-A from a “sell” rating to a “buy” rating in a research note on Thursday, January 5th. Finally, Citigroup Inc reiterated a “sell” rating and set a $46.57 price target (down previously from $56.39) on shares of RDS-A in a research note on Wednesday, April 19th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and nine have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $58.10.
RDS-A (NASDAQ:RDS-A) traded up 2.94% during trading on Friday, reaching $54.23. 5,544,775 shares of the company’s stock were exchanged. The firm has a market cap of $220.86 billion and a price-to-earnings ratio of 46.75. The firm’s 50-day moving average price is $52.58 and its 200-day moving average price is $52.61. RDS-A has a 12 month low of $46.57 and a 12 month high of $56.39.
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