Shares of RDS-A (OTCMKTS:RDS-A) have been given an average recommendation of “Buy” by the eleven research firms that are covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $75.33.
A number of research analysts recently issued reports on the stock. HSBC upgraded shares of RDS-A from a “hold” rating to a “buy” rating in a report on Monday, May 13th. Morgan Stanley set a €9.00 ($10.47) price objective on shares of Commerzbank and gave the company a “neutral” rating in a report on Thursday, May 9th. Cowen reiterated a “buy” rating on shares of Odonate Therapeutics in a report on Monday, June 3rd. BNP Paribas restated a “neutral” rating on shares of RDS-A in a report on Wednesday, July 3rd. Finally, Societe Generale upgraded shares of RDS-A from a “hold” rating to a “buy” rating in a report on Thursday, May 30th.
OTCMKTS RDS-A traded down $0.11 during trading hours on Thursday, reaching $63.79. The company’s stock had a trading volume of 1,858,777 shares. The company’s 50 day moving average price is $64.41.
RDS-A Company Profile
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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