Shell plc (LON:SHEL) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Shell plc (LON:SHEL) have received a consensus rating of “Moderate Buy” from the twelve research firms that are currently covering the company, Marketbeat reports. Six research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is GBX 2,949.

A number of brokerages have issued reports on SHEL. Morgan Stanley downgraded Shell to an “equal weight” rating in a research report on Wednesday, March 25th. UBS Group restated a “neutral” rating on shares of Shell in a research report on Tuesday, June 16th. Royal Bank Of Canada restated a “neutral” rating on shares of Shell in a research report on Wednesday, April 8th. Barclays restated a “buy” rating on shares of Shell in a research report on Thursday, May 7th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of Shell in a research report on Wednesday, June 10th.

Shell Trading Up 0.5%

Shares of SHEL stock opened at GBX 3,007 on Monday. Shell has a 1 year low of GBX 2,498.96 and a 1 year high of GBX 3,758.50. The company has a debt-to-equity ratio of 43.58, a current ratio of 1.27 and a quick ratio of 0.87. The stock’s 50 day simple moving average is GBX 3,223.88 and its two-hundred day simple moving average is GBX 3,049.54. The company has a market cap of £167.05 billion, a PE ratio of 9.37, a price-to-earnings-growth ratio of 2.50 and a beta of 0.43.

About Shell

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.