Shell PLC Unsponsored ADR (NYSE:SHEL) Stock Has Consensus Target Price of $106.08

Key Points

• Analysts maintain a moderately bullish view of Shell: eighteen firms rate the stock “Moderate Buy,” with seven buys, two strong buys and nine holds. The average 12-month price target is $106.08, while TD Cowen raised its target to $115 and Zacks upgraded the stock to “strong buy.”
• Shell’s operating outlook is improving: stronger Integrated Gas production and refining margins are expected to support third-quarter results, with an estimated profit of $11.5 billion versus a $9.5 billion consensus. The partial restart of its Pearl gas-to-liquids plant in Qatar should also aid revenue recovery.
• Shell agreed to acquire a 30% stake in Equinor’s approximately $10 billion Bay du Nord offshore oil project, expanding its long-term production portfolio. Near-term risks include hurricane-related Gulf of Mexico output cuts and continued execution, capital and regional-security uncertainties.

Shell PLC Unsponsored ADR (NYSE:SHEL - Get Free Report) has received an average rating of "Moderate Buy" from the eighteen research firms that are currently covering the stock, Marketbeat reports. Nine analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $106.08.

Several equities research analysts recently weighed in on SHEL shares. Zacks Research raised shares of Shell from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 6th. Wells Fargo & Company upped their price target on Shell from $100.00 to $105.00 and gave the company an "equal weight" rating in a report on Friday, July 31st. Barclays reiterated an "overweight" rating on shares of Shell in a report on Monday, October 5th. HSBC reaffirmed a "buy" rating on shares of Shell in a report on Friday, September 25th. Finally, Mizuho initiated coverage on shares of Shell in a report on Monday, July 20th. They set a "neutral" rating and a $98.00 price objective for the company.

Hedge Funds Weigh In On Shell

A number of institutional investors and hedge funds have recently modified their holdings of SHEL. Ferguson Wellman Capital Management Inc. grew its holdings in shares of Shell by 0.6% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 17,771 shares of the energy company's stock worth $1,689,000 after acquiring an additional 106 shares during the last quarter. Vista Investment Partners LLC boosted its position in shares of Shell by 2.1% in the 3rd quarter. Vista Investment Partners LLC now owns 5,651 shares of the energy company's stock valued at $537,000 after purchasing an additional 116 shares during the period. PFG Private Wealth Management LLC increased its stake in Shell by 3.8% in the 2nd quarter. PFG Private Wealth Management LLC now owns 3,578 shares of the energy company's stock worth $277,000 after purchasing an additional 130 shares in the last quarter. Financial Management Professionals Inc. raised its holdings in Shell by 2.9% during the 2nd quarter. Financial Management Professionals Inc. now owns 4,800 shares of the energy company's stock worth $372,000 after buying an additional 137 shares during the period. Finally, Plan A Wealth LLC lifted its stake in Shell by 1.7% during the second quarter. Plan A Wealth LLC now owns 8,619 shares of the energy company's stock valued at $668,000 after buying an additional 140 shares in the last quarter. 28.60% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Shell

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Shell agreed to acquire a 30% interest in Equinor’s Bay du Nord oil project offshore Newfoundland, a roughly $10 billion development. The deal expands Shell’s long-term upstream portfolio and could provide additional production growth, although capital requirements and project timing remain important considerations. Shell to buy 30% stake in Bay du Nord oil project
• Positive Sentiment: The Pearl gas-to-liquids plant in Qatar has partially restarted and naphtha shipments have resumed after war-related damage. The restart supports revenue recovery, though full production depends on further repairs and regional shipping security. Shell partially restarts Pearl gas-to-liquids plant
• Positive Sentiment: Shell’s third-quarter outlook points to stronger Integrated Gas production and refining margins. RBC also raised its cash-flow estimate, while its revised profit forecast of $11.5 billion remains above the $9.5 billion consensus estimate. Shell Q3 outlook
• Positive Sentiment: TD Cowen lifted its price target to $115, and Zacks Research upgraded SHEL to “strong buy,” reinforcing the view that the stock remains attractively valued despite its recent advance. TD Cowen raises Shell price target
• Neutral Sentiment: Shell is using drones to inspect facilities and accelerate production restarts after hurricanes, potentially reducing downtime and improving operational resilience. Shell uses drones after hurricanes
• Negative Sentiment: Shell and Chevron curtailed Gulf of Mexico output as Tropical Storm Isaias approached, creating near-term production losses and weather-related uncertainty. The impact may be temporary if facilities return to normal operations quickly. Gulf of Mexico output cuts

Shell Trading Down 0.0%

NYSE SHEL opened at $100.15 on Friday. The stock's fifty day moving average price is $93.69 and its 200-day moving average price is $88.84. The company has a current ratio of 1.43, a quick ratio of 1.12 and a debt-to-equity ratio of 0.36. The stock has a market cap of $280.77 billion, a P/E ratio of 11.05, a P/E/G ratio of 0.81 and a beta of 0.10. Shell has a 12 month low of $68.63 and a 12 month high of $101.17.

Shell (NYSE:SHEL - Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The energy company reported $3.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.23 by $0.29. The company had revenue of $94.66 billion for the quarter, compared to analysts' expectations of $86.22 billion. Shell had a net margin of 8.55% and a return on equity of 14.34%. As a group, equities analysts forecast that Shell will post 11.28 EPS for the current fiscal year.

About Shell

Shell plc is a global energy company headquartered in London, United Kingdom. Its operations span the exploration, production, processing, transportation and marketing of oil and natural gas, with an increasing focus on liquefied natural gas (LNG), lower-carbon energy and energy-transition solutions.

The company supplies fuels, lubricants, chemicals and other energy products to businesses, transportation customers and consumers. Shell also operates a network of retail service stations and provides charging services for electric vehicles, renewable power and related energy solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.