ABN Amro lowered shares of RDS-A (OTCMKTS:RDS-A) from a buy rating to a hold rating in a research report report published on Wednesday, FinViz reports.
A number of other equities analysts have also weighed in on RDS-A. Cowen lowered shares of RDS-A from an outperform rating to a market perform rating and dropped their target price for the stock from $69.00 to $60.00 in a research report on Thursday, September 5th. HSBC lowered shares of RDS-A from a buy rating to a hold rating in a research report on Wednesday, September 11th. Finally, BNP Paribas restated a neutral rating on shares of RDS-A in a research report on Wednesday, July 3rd. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of $61.50.
Shares of OTCMKTS:RDS-A traded up $0.31 during midday trading on Wednesday, reaching $57.30. 1,785,785 shares of the company were exchanged. The company’s 50 day moving average is $56.70 and its two-hundred day moving average is $61.70.
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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