Research Analysts’ Recent Ratings Changes for Shell (SHEL)

Shell (LON: SHEL) recently received a number of ratings updates from brokerages and research firms:

  • 6/21/2022 – Shell was given a new GBX 3,000 ($36.75) price target on by analysts at Royal Bank of Canada.
  • 6/13/2022 – Shell was given a new GBX 2,850 ($34.91) price target on by analysts at JPMorgan Chase & Co..
  • 6/13/2022 – Shell was given a new GBX 2,975 ($36.44) price target on by analysts at Berenberg Bank.
  • 6/10/2022 – Shell was upgraded by analysts at Berenberg Bank to a “buy” rating.
  • 6/9/2022 – Shell was given a new GBX 3,000 ($36.75) price target on by analysts at Credit Suisse Group AG.
  • 6/7/2022 – Shell was given a new GBX 3,000 ($36.75) price target on by analysts at Royal Bank of Canada.
  • 6/1/2022 – Shell was given a new GBX 3,000 ($36.75) price target on by analysts at Royal Bank of Canada.
  • 5/26/2022 – Shell had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 2,850 ($34.91) price target on the stock.
  • 5/26/2022 – Shell had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a GBX 3,000 ($36.75) price target on the stock.
  • 5/26/2022 – Shell was given a new GBX 2,600 ($31.85) price target on by analysts at Jefferies Financial Group Inc..
  • 5/11/2022 – Shell had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a GBX 2,860 ($35.03) price target on the stock, up previously from GBX 2,570 ($31.48).
  • 5/11/2022 – Shell had its price target raised by analysts at Royal Bank of Canada from GBX 2,750 ($33.68) to GBX 3,000 ($36.75). They now have an “outperform” rating on the stock.
  • 5/11/2022 – Shell had its price target raised by analysts at Berenberg Bank from GBX 2,375 ($29.09) to GBX 2,750 ($33.68). They now have a “buy” rating on the stock.
  • 5/6/2022 – Shell had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co..
  • 5/6/2022 – Shell had its “neutral” rating reaffirmed by analysts at Citigroup Inc.. They now have a GBX 2,045 ($25.05) price target on the stock.
  • 5/6/2022 – Shell had its “buy” rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft. They now have a GBX 2,551 ($31.25) price target on the stock.
  • 5/5/2022 – Shell had its “overweight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 3,000 ($36.75) price target on the stock.
  • 5/5/2022 – Shell had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 2,850 ($34.91) price target on the stock.
  • 5/3/2022 – Shell had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a GBX 2,750 ($33.68) price target on the stock.
  • 4/27/2022 – Shell was given a new GBX 2,450 ($30.01) price target on by analysts at UBS Group AG.

Shares of SHEL stock traded down GBX 26.38 ($0.32) during trading hours on Thursday, reaching GBX 2,049.63 ($25.11). The stock had a trading volume of 13,014,863 shares, compared to its average volume of 16,291,916. The stock has a fifty day simple moving average of GBX 2,269.34. The company has a quick ratio of 0.90, a current ratio of 1.34 and a debt-to-equity ratio of 47.93. Shell plc has a 12 month low of GBX 1,833.40 ($22.46) and a 12 month high of GBX 2,459.24 ($30.12). The firm has a market capitalization of £152.40 billion and a price-to-earnings ratio of 8.87.

The business also recently announced a dividend, which will be paid on Monday, June 27th. Shareholders of record on Thursday, May 19th will be given a dividend of $0.25 per share. The ex-dividend date is Thursday, May 19th. This is a positive change from Shell’s previous dividend of $0.24. This represents a yield of 0.9%. Shell’s payout ratio is presently 0.39%.

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.

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