Royal Bank Of Canada Reiterates Outperform Rating for Shell (LON:SHEL)

Shell (LON:SHEL)‘s stock had its “outperform” rating reaffirmed by stock analysts at Royal Bank Of Canada in a research note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 3,600 price objective on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 37.20% from the stock’s current price.

Several other equities analysts have also commented on SHEL. JPMorgan Chase & Co. upped their price target on shares of Shell from GBX 3,100 to GBX 3,200 and gave the stock an “overweight” rating in a research report on Friday, December 5th. Berenberg Bank boosted their target price on shares of Shell from GBX 3,000 to GBX 3,250 and gave the company a “buy” rating in a research note on Monday, November 3rd. Jefferies Financial Group upped their target price on shares of Shell from GBX 3,000 to GBX 3,200 and gave the stock a “buy” rating in a research report on Monday, November 17th. Finally, Citigroup boosted their price target on Shell from GBX 2,650 to GBX 2,700 and gave the stock a “neutral” rating in a research report on Monday, November 3rd. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,190.

Shell Price Performance

LON:SHEL opened at GBX 2,623.98 on Friday. Shell has a 1-year low of GBX 2,269.92 and a 1-year high of GBX 2,937.50. The firm has a market cap of £149.25 billion, a PE ratio of 10.71, a P/E/G ratio of 2.50 and a beta of 0.51. The firm has a 50 day simple moving average of GBX 2,758.39 and a 200-day simple moving average of GBX 2,706.41.

More Shell News

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Royal Bank of Canada reiterated an “outperform” rating and set a GBP/GBX 3,600 price target, providing a bullish third‑party valuation anchor that can support upside momentum. Article Title
• Positive Sentiment: Shell continues active capital returns: company disclosures show multiple tranches of share repurchases (8–9 Jan) with shares bought for cancellation — buybacks reduce share count and boost EPS, supporting the share price. Transaction in Own Shares
• Neutral Sentiment: Valuation commentary notes that after solid long‑term returns the stock is treading water, highlighting mixed investor views on near‑term catalysts versus longer‑term earnings potential. Valuation Check
• Negative Sentiment: Shell warned of weaker Q4 performance: trading pressures, tax adjustments and a flagged loss in its Chemicals & Products unit could dent near‑term earnings and raise questions about the pace of future buybacks. Q4 Warning
• Negative Sentiment: Media reports emphasize the chemicals unit swinging to a loss, which could pressure margins and investor sentiment if confirmed in results. Chemicals Loss

Shell Company Profile

Shell is a global group of energy and petrochemical companies. Shell’s strategy is to deliver more value with less emissions as we work to become a net-zero emissions business by 2050.

As we navigate the energy transition through the next decade, we will leverage our global footprint, the trust in our brand, and our innovation and technology capabilities to be the energy company that customers and countries choose to be their partner. We are positioning Shell to become the investment case and partner of choice through the energy transition.