RDS-A (RDS-A) Cut to “Buy” at BidaskClub
RDS-A (NASDAQ:RDS-A) was downgraded by BidaskClub from a “strong-buy” rating to a “buy” rating in a note issued to investors on Monday.
Other analysts also recently issued reports about the company. Macquarie downgraded RDS-A from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 21st. Societe Generale restated a “buy” rating on shares of RDS-A in a report on Wednesday, July 26th. Two 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’s stock. The stock presently has an average rating of “Buy” and an average target price of $56.20.
Shares of RDS-A (NASDAQ:RDS-A) opened at 60.15 on Monday. RDS-A has a 1-year low of $48.07 and a 1-year high of $61.12. The firm’s 50-day moving average price is $57.60 and its 200 day moving average price is $54.82. The firm has a market cap of $247.00 billion and a PE ratio of 30.75.
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