RDS-A (RDS-A) Rating Increased to Strong-Buy at BidaskClub
RDS-A (NASDAQ:RDS-A) was upgraded by equities research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Tuesday.
A number of other analysts have also recently weighed in on the stock. Macquarie cut shares of RDS-A from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 21st. Societe Generale reissued a “buy” rating on shares of RDS-A in a report on Wednesday, July 26th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $56.20.
Shares of RDS-A (RDS-A) traded down 0.18% during midday trading on Tuesday, reaching $60.79. 1,715,959 shares of the company traded hands. The company has a 50 day moving average of $57.26 and a 200 day moving average of $54.72. RDS-A has a 12 month low of $48.07 and a 12 month high of $61.08. The firm has a market capitalization of $249.63 billion and a P/E ratio of 31.08.
COPYRIGHT VIOLATION WARNING: “RDS-A (RDS-A) Rating Increased to Strong-Buy at BidaskClub” was first posted by Marea Informative and is owned by of Marea Informative. If you are accessing this news story on another site, it was illegally copied and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this news story can be read at http://www.mareainformativa.com/rds-a-rds-a-rating-increased-to-strong-buy-at-bidaskclub/117247/.
Receive News & Stock 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 stocks with our FREE daily email newsletter.