RDS-A (RDS-A) Earns “Buy” Rating from Societe Generale
RDS-A (NASDAQ:RDS-A)‘s stock had its “buy” rating restated by research analysts at Societe Generale in a research report issued to clients and investors on Wednesday.
Other equities analysts have also recently issued reports about the company. Morgan Stanley restated a “buy” rating on shares of RDS-A in a report on Monday, April 17th. Jefferies Group LLC restated a “buy” rating and set a $67.50 price target on shares of RDS-A in a report on Monday, April 3rd. Macquarie cut RDS-A from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 21st. BNP Paribas upgraded RDS-A from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $46.57 to $56.39 in a report on Friday, May 26th. Finally, Simmons restated an “overweight” rating and set a $60.00 price target (down from $61.00) on shares of RDS-A in a report on Wednesday, April 19th. Two analysts have rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $56.20.
Shares of RDS-A (NASDAQ:RDS-A) traded up 0.28% on Wednesday, reaching $54.52. 3,246,588 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 company’s 50 day moving average price is $53.50 and its 200-day moving average price is $53.49. The stock has a market cap of $222.30 billion and a P/E ratio of 29.16.
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