RDS-A (RDS-A) Given Consensus Recommendation of “Buy” by Brokerages
RDS-A (NASDAQ:RDS-A) has earned an average recommendation of “Buy” from the twelve brokerages that are presently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $56.20.
A number of equities analysts recently weighed in on the stock. Macquarie downgraded shares of RDS-A from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 21st. BNP Paribas upgraded shares of RDS-A from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $46.57 to $56.39 in a report on Friday, May 26th. Societe Generale upgraded shares of RDS-A from a “hold” rating to a “buy” rating in a report on Friday, May 5th. Simmons reiterated an “overweight” rating and issued a $60.00 price objective (down from $61.00) on shares of RDS-A in a report on Wednesday, April 19th. Finally, Citigroup Inc reiterated a “sell” rating and issued a $46.57 price objective (down from $56.39) on shares of RDS-A in a report on Wednesday, April 19th.
Shares of RDS-A (NASDAQ RDS-A) traded up 0.65% during mid-day trading on Tuesday, reaching $53.98. 2,970,427 shares of the company’s stock were exchanged. RDS-A has a 52-week low of $46.57 and a 52-week high of $56.39. The stock has a market cap of $220.10 billion and a price-to-earnings ratio of 28.87. The stock’s 50-day moving average is $53.53 and its 200-day moving average is $53.52.
RDS-A Company Profile
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