RDS-A (RDS-A) Earning Somewhat Positive Media Coverage, Analysis Shows
Press coverage about RDS-A (NASDAQ:RDS-A) has trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. RDS-A earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 46.0470382638311 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Royal Dutch Shell plc (:RDS-A) Shooting Higher to New Recent High (lazeresportes.com)
- Bloomberg: Shell to try crude unit restart at Europe’s biggest oil refinery (seekingalpha.com)
- PRESS DIGEST- Financial Times – Aug 7 (finance.yahoo.com)
- Jacobs Engineering to Acquire CH2M, Fusing Two EPC Leaders with More than $163 Billion in Projects (industrialinfo.com)
RDS-A (NASDAQ:RDS-A) traded up 0.82% during trading on Wednesday, reaching $56.77. The company had a trading volume of 2,553,086 shares. The firm has a market capitalization of $233.12 billion and a price-to-earnings ratio of 29.02. RDS-A has a 12 month low of $46.57 and a 12 month high of $56.93. The stock has a 50 day moving average price of $53.77 and a 200 day moving average price of $53.50.
Several analysts have recently issued reports on the company. Societe Generale restated a “buy” rating on shares of RDS-A in a research report on Wednesday, July 26th. Macquarie downgraded RDS-A from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 21st. BNP Paribas upgraded RDS-A from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $46.57 to $56.39 in a research report on Friday, May 26th. Simmons restated an “overweight” rating and issued a $60.00 price objective (down from $61.00) on shares of RDS-A in a research report on Wednesday, April 19th. Finally, Citigroup Inc. restated a “sell” rating and issued a $46.57 price objective (down from $56.39) on shares of RDS-A in a research report on Wednesday, April 19th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $56.20.
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