Shell (NYSE:SHEL) PT Raised to $81.00 at TD Securities

Shell (NYSE:SHEL) had its price objective boosted by TD Securities from $74.00 to $81.00 in a research report issued on Friday, BayStreet.CA reports. The firm presently has a “buy” rating on the energy company’s stock. TD Securities’ price target would indicate a potential upside of 11.92% from the company’s previous close.

Separately, TheStreet upgraded Shell from a “c” rating to a “b-” rating in a research note on Monday, January 29th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Shell presently has an average rating of “Moderate Buy” and a consensus target price of $66.50.

Shell Price Performance

SHEL opened at $72.37 on Friday. The company has a market capitalization of $232.86 billion, a P/E ratio of 13.35, a PEG ratio of 1.72 and a beta of 0.59. The company has a 50-day moving average of $68.43 and a 200-day moving average of $66.03. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.13 and a current ratio of 1.40. Shell has a 1-year low of $55.78 and a 1-year high of $73.94.

Shell (NYSE:SHEL) last announced its quarterly earnings data on Thursday, February 1st. The energy company reported $2.22 earnings per share for the quarter, beating the consensus estimate of $1.94 by $0.28. The firm had revenue of $80.13 billion during the quarter, compared to analyst estimates of $89.59 billion. Shell had a return on equity of 13.78% and a net margin of 5.83%. During the same period in the previous year, the company earned $2.76 earnings per share. Equities analysts expect that Shell will post 8.22 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Provence Wealth Management Group acquired a new position in Shell during the 3rd quarter worth $26,000. VisionPoint Advisory Group LLC acquired a new stake in Shell in the third quarter worth about $26,000. Rise Advisors LLC grew its position in Shell by 84.4% in the 4th quarter. Rise Advisors LLC now owns 413 shares of the energy company’s stock valued at $27,000 after buying an additional 189 shares in the last quarter. Valley National Advisers Inc. raised its position in shares of Shell by 217.7% during the 4th quarter. Valley National Advisers Inc. now owns 413 shares of the energy company’s stock worth $27,000 after buying an additional 283 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC lifted its stake in shares of Shell by 611.1% in the 4th quarter. Beaird Harris Wealth Management LLC now owns 448 shares of the energy company’s stock worth $29,000 after acquiring an additional 385 shares during the period. Institutional investors own 28.60% of the company’s stock.

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 to deliver gas to market.