RDS-A (NASDAQ:RDS-A) had its price objective upped by BNP Paribas from $46.57 to $56.39 in a note issued to investors on Friday. The brokerage currently has an “outperform” rating on the oil and gas company’s stock. BNP Paribas’ price target would suggest a potential upside of 3.75% from the stock’s current price.

A number of other equities analysts have also recently commented on the company. Societe Generale raised RDS-A from a “hold” rating to a “buy” rating in a report on Friday, May 5th. Morgan Stanley reaffirmed a “buy” rating on shares of RDS-A in a report on Monday, April 17th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $67.50 price target on shares of RDS-A in a report on Monday, April 3rd. Simmons reaffirmed an “overweight” rating and issued a $60.00 price target (down previously from $61.00) on shares of RDS-A in a report on Wednesday, April 19th. Finally, Citigroup Inc reaffirmed 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. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $57.86.

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

RDS-A (NASDAQ:RDS-A) traded down 0.06% during trading on Friday, reaching $54.32. The company’s stock had a trading volume of 918,330 shares. RDS-A has a 12-month low of $46.57 and a 12-month high of $56.39. The company has a market capitalization of $221.48 billion and a P/E ratio of 29.05. The firm’s 50-day moving average price is $53.57 and its 200 day moving average price is $53.08.

ILLEGAL ACTIVITY NOTICE: This report was first reported by American Banking News and is the property of of American Banking News. If you are accessing this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright legislation. The original version of this report can be accessed at https://www.americanbankingnews.com/2017/05/26/rds-a-rds-a-price-target-raised-to-56-39.html.

12 Month 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.