Shell plc (LON:SHEL – Get Rating) has earned an average recommendation of “Moderate Buy” from the eleven analysts that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is GBX 2,881.40 ($34.82).
A number of equities research analysts recently weighed in on SHEL shares. JPMorgan Chase & Co. set a GBX 3,000 ($36.25) price objective on shares of Shell in a report on Thursday, September 1st. Jefferies Financial Group set a GBX 2,700 ($32.62) price objective on shares of Shell in a report on Thursday, September 15th. Citigroup reduced their price target on shares of Shell from GBX 2,045 ($24.71) to GBX 2,025 ($24.47) and set a “neutral” rating for the company in a report on Friday, July 8th. UBS Group set a GBX 2,650 ($32.02) price target on shares of Shell in a report on Thursday, September 15th. Finally, Barclays boosted their price target on shares of Shell from GBX 3,000 ($36.25) to GBX 3,300 ($39.87) and gave the company an “overweight” rating in a report on Wednesday, August 24th.
Shell Price Performance
SHEL stock opened at GBX 2,296.50 ($27.75) on Friday. Shell has a 12 month low of GBX 1,833.40 ($22.15) and a 12 month high of GBX 2,459.24 ($29.72). The company has a current ratio of 1.39, a quick ratio of 0.89 and a debt-to-equity ratio of 43.10. The company has a 50-day moving average price of GBX 2,193.51 and a 200 day moving average price of GBX 2,180.32. The stock has a market cap of £166.81 billion and a PE ratio of 560.12.
Shell Announces Dividend
Shell Company Profile
Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market.
- Lucid is Looking Like a Clear EV Winner
- Still Lovin’ It: Investors Keep Visiting McDonald’s
- Did FedEx Just Deliver A Buying Opportunity?
- Autozone Shifts Back Into Rally-Mode, New Highs Are In Sight
- Upwork Shares Stumble into Bargain Territory
Receive News & Ratings for Shell Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shell and related companies with MarketBeat.com's FREE daily email newsletter.