RDS-A (RDS-A) Downgraded by Canaccord Genuity

Canaccord Genuity cut shares of RDS-A (NASDAQ:RDS-A) from a hold rating to a sell rating in a research report sent to investors on Friday morning. The firm currently has $50.55 target price on the stock, up from their prior target price of $35.80.

A number of other research firms have also recently issued reports on RDS-A. Royal Bank Of Canada cut shares of RDS-A from an outperform rating to a sector perform rating in a research report on Monday, August 1st. Liberum Capital cut shares of RDS-A from a buy rating to a hold rating in a research report on Tuesday, August 2nd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of $57.39.

Shares of RDS-A (NASDAQ:RDS-A) opened at 50.62 on Friday. The company’s market capitalization is $202.48 billion. The firm’s 50-day moving average price is $49.52 and its 200 day moving average price is $50.98. RDS-A has a 1-year low of $35.80 and a 1-year high of $56.29.

5 Day Chart for NASDAQ:RDS-A

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