Deutsche Bank upgraded shares of RDS-A (OTCMKTS:RDS-A) from a hold rating to a buy rating in a research note issued to investors on Monday, FinViz reports.
Several other equities research analysts have also issued reports on the company. Morgan Stanley raised RDS-A from an underweight rating to an equal weight rating and set a $63.00 price target on the stock in a research report on Thursday, May 9th. Royal Bank of Canada reissued a sector perform rating on shares of RDS-A in a research report on Tuesday, February 26th. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of $75.50.
Shares of RDS-A opened at $64.86 on Monday.
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.
Further Reading: Strangles
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