RDS-A (RDS-A) Rating Increased to Buy at Societe Generale

Societe Generale upgraded shares of RDS-A (NASDAQ:RDS-A) from a hold rating to a buy rating in a research note released on Friday, May 5th.

Several other analysts have also issued reports on RDS-A. Simmons reiterated an overweight rating and set a $60.00 target price (down previously from $61.00) on shares of RDS-A in a report on Wednesday, April 19th. Jefferies Group LLC restated a buy rating and issued a $67.50 price objective on shares of RDS-A in a research note on Monday, April 3rd. Erste Group upgraded RDS-A from a sell rating to a buy rating in a research note on Thursday, January 5th. Citigroup Inc restated a sell rating and issued a $46.57 price objective (down previously from $56.39) on shares of RDS-A in a research note on Wednesday, April 19th. Finally, Morgan Stanley restated a buy rating on shares of RDS-A in a research note on Monday, April 17th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating to the stock. RDS-A has an average rating of Buy and an average price target of $58.10.

Shares of RDS-A (NASDAQ:RDS-A) traded up 0.80% on Friday, hitting $55.49. The company had a trading volume of 2,938,815 shares. The firm has a 50 day moving average of $53.30 and a 200-day moving average of $52.97. The firm has a market capitalization of $226.25 billion and a P/E ratio of 29.67. RDS-A has a 12-month low of $46.57 and a 12-month high of $56.39.

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12 Month Chart for NASDAQ:RDS-A

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