Shell's (SHEL) Neutral Rating Reaffirmed at UBS Group

Key Points

• UBS Group reaffirmed its neutral rating on Shell, while other analysts remain mixed; the consensus rating is “Moderate Buy” with an average price target of GBX 3,775.
• Shell shares opened down 0.8% at GBX 3,611, with a market capitalization of approximately £206.6 billion and a price-to-earnings ratio of 7.99.
• Insider Sinead Gorman sold 30,000 Shell shares for approximately £1.01 million; company insiders own 0.05% of the stock.

Shell (LON:SHEL - Get Free Report)'s stock had its "neutral" rating reissued by research analysts at UBS Group in a note issued to investors on Friday.

Several other research firms also recently weighed in on SHEL. Jefferies Financial Group reiterated a "buy" rating and set a GBX 4,500 price target on shares of Shell in a research note on Tuesday, August 25th. Berenberg Bank reissued a "buy" rating and issued a GBX 4,000 price objective on shares of Shell in a report on Monday, August 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Shell from GBX 3,900 to GBX 3,600 and set an "overweight" rating on the stock in a research note on Friday, July 3rd. Finally, Royal Bank Of Canada reaffirmed a "neutral" rating on shares of Shell in a report on Thursday. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of GBX 3,775.

Shell Stock Down 0.8%

Shell stock opened at GBX 3,611 on Friday. Shell has a 1-year low of GBX 2,553.77 and a 1-year high of GBX 3,758.50. The stock has a market capitalization of £206.60 billion, a price-to-earnings ratio of 7.99, a PEG ratio of 2.50 and a beta of 0.43. The company has a debt-to-equity ratio of 40.42, a current ratio of 1.43 and a quick ratio of 0.86. The business has a fifty day moving average price of GBX 3,407.44 and a 200-day moving average price of GBX 3,291.41.

Insider Buying and Selling

In related news, insider Sinead Gorman sold 30,000 shares of the business's stock in a transaction on Friday, July 31st. The stock was sold at an average price of GBX 3,369, for a total value of £1,010,700. 0.05% of the stock is owned by company insiders.

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.

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