Shares of RDS-A (OTCMKTS:RDS-A) have received a consensus recommendation of “Buy” from the nine ratings firms that are presently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $84.00.
Several research firms have issued reports on RDS-A. Piper Jaffray Companies restated a “neutral” rating on shares of RDS-A in a research report on Tuesday, October 23rd. Wolfe Research began coverage on RDS-A in a research report on Friday, September 28th. They set an “outperform” rating and a $88.00 target price on the stock. Berenberg Bank began coverage on RDS-A in a research report on Tuesday, September 11th. They set a “hold” rating on the stock. Morgan Stanley downgraded RDS-A from an “overweight” rating to an “equal” rating in a research report on Thursday, August 2nd. Finally, Raymond James upgraded RDS-A from a “market perform” rating to an “outperform” rating in a research 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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