Shell’s (SHEL) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Shell (LON:SHEL) in a research report released on Thursday,MarketScreener reports.

Other equities research analysts have also issued research reports about the stock. UBS Group reiterated a “neutral” rating and set a GBX 2,850 price objective on shares of Shell in a research note on Friday, January 23rd. Jefferies Financial Group reissued a “buy” rating on shares of Shell in a research note on Thursday. Royal Bank Of Canada decreased their target price on Shell from GBX 3,600 to GBX 3,200 and set a “sector perform” rating for the company in a research note on Monday, January 26th. Morgan Stanley cut shares of Shell to an “equal weight” rating in a research report on Wednesday, March 25th. Finally, Barclays reissued a “buy” rating on shares of Shell in a report on Tuesday, March 31st. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Shell currently has an average rating of “Moderate Buy” and an average target price of GBX 3,183.33.

Shell Price Performance

Shares of LON:SHEL opened at GBX 3,543.50 on Thursday. The company’s fifty day moving average is GBX 3,110.37 and its two-hundred day moving average is GBX 2,871.15. The company has a debt-to-equity ratio of 59.97, a quick ratio of 0.87 and a current ratio of 1.30. Shell has a 1-year low of GBX 2,269.92 and a 1-year high of GBX 3,592. The stock has a market capitalization of £199.61 billion, a price-to-earnings ratio of 11.81, a price-to-earnings-growth ratio of 2.50 and a beta of 0.51.

Insiders Place Their Bets

In other Shell news, insider Sinead Gorman acquired 15,841 shares of the business’s stock in a transaction dated Thursday, February 26th. The shares were acquired at an average price of GBX 3,011 per share, with a total value of £476,972.51. Also, insider Wael Sawan bought 23,980 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was acquired at an average cost of GBX 3,011 per share, with a total value of £722,037.80. Insiders own 0.04% of the company’s stock.

Key Headlines Impacting Shell

Here are the key news stories impacting Shell this week:

• Positive Sentiment: JPMorgan raised its price target to GBX 3,900 and moved to an “overweight” rating, signaling stronger analyst conviction on Shell’s outlook and providing near-term positive catalyst for momentum. Read More.
• Positive Sentiment: Shell reported fresh repurchases (858,749 shares bought for cancellation on 2 Apr 2026), which reduce share count and support EPS and share-price upside over time. Read More.
• Positive Sentiment: Multiple brokers have reaffirmed buy ratings (Berenberg, Jefferies, Barclays), maintaining institutional support and likely encouraging buyer interest. Read More. • Read More.
• Neutral Sentiment: An LSE broker-ratings notice reiterated the JPMorgan upgrade and related commentary; useful for confirming the analyst move but largely duplicative of the JPMorgan report. Read More.
• Negative Sentiment: Several entertainment headlines refer to “Jeff Shell” (former Paramount executive) — these are unrelated to Shell plc but could create headline noise or short-term search-driven confusion among retail investors. Read More. • Read More.
• Negative Sentiment: Unrelated product/game coverage using the word “Shell” (e.g., Mortal Shell 2) can add to retail investor confusion but has no impact on Shell plc’s business. Read More.

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.