Shares of RDS-A (OTCMKTS:RDS-A) have earned an average rating of “Buy” from the seven brokerages that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $84.00.
A number of brokerages have weighed in on RDS-A. Piper Jaffray Companies reissued 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 issued an “outperform” rating and a $88.00 target price for the company. Finally, Berenberg Bank began coverage on RDS-A in a research report on Tuesday, September 11th. They issued a “hold” rating for the company.
Shares of OTCMKTS:RDS-A opened at $59.31 on Wednesday.
RDS-A Company Profile
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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