RDS-A (RDS-A) Receives $88.00 Consensus Price Target from Analysts

RDS-A (OTCMKTS:RDS-A) has earned an average recommendation of “Hold” from the eight ratings firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $88.00.

RDS-A has been the topic of a number of analyst reports. Morgan Stanley reiterated an “underweight” rating on shares of RDS-A in a research report on Tuesday, January 22nd. Wells Fargo & Co initiated coverage on RDS-A in a research report on Tuesday, December 18th. They issued an “outperform” rating on the stock. Finally, Royal Bank of Canada reiterated a “sector perform” rating on shares of RDS-A in a research report on Tuesday, February 26th.

Shares of RDS-A traded down $0.28 on Tuesday, reaching $64.30. 1,698,608 shares of the stock traded hands.

About RDS-A

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.

Recommended Story: What is a resistance level?

Analyst Recommendations for RDS-A (OTCMKTS:RDS-A)

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.