BidaskClub Upgrades RDS-A (RDS-A) to Buy
RDS-A (NASDAQ:RDS-A) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.
Several other brokerages also recently commented on RDS-A. Macquarie downgraded shares of RDS-A from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 21st. Societe Generale restated a “buy” rating on shares of RDS-A in a research report on Wednesday, July 26th. Finally, BNP Paribas upgraded shares of RDS-A from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $46.57 to $56.39 in a research report on Friday, May 26th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $56.20.
Shares of RDS-A (RDS-A) opened at 59.48 on Friday. RDS-A has a 52-week low of $46.57 and a 52-week high of $59.59. The company’s 50-day moving average price is $56.15 and its 200-day moving average price is $54.09. The company has a market capitalization of $244.25 billion and a price-to-earnings ratio of 30.41.
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