Shares of RDS-A (OTCMKTS:RDS-A) have earned an average recommendation of “Buy” from the nine brokerages that are covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $84.00.
A number of research analysts recently weighed in on RDS-A shares. Morgan Stanley downgraded RDS-A from an “overweight” rating to an “equal” rating in a research note on Thursday, August 2nd. Berenberg Bank started coverage on RDS-A in a report on Tuesday, September 11th. They set a “hold” rating for the company. Piper Jaffray Companies reissued a “neutral” rating on shares of RDS-A in a report on Tuesday, October 23rd. Wolfe Research started coverage on RDS-A in a report on Friday, September 28th. They set an “outperform” rating and a $88.00 price objective for the company. Finally, Raymond James raised RDS-A from a “market perform” rating to an “outperform” rating in a report on Thursday, July 19th.
RDS-A stock opened at $63.00 on Friday.
Royal Dutch Shell plc explores for crude oil and natural gas worldwide. The company operates through Integrated Gas, Upstream, and Downstream segments. It explores for and extracts crude oil, natural gas, and natural gas liquids. The company also liquefies gas; converts natural gas to liquids to provide fuels and other products; markets and transports oil and gas; and extracts bitumen from mined oil sands and converts it to synthetic crude oil.
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