Shell plc (LON:SHEL - Get Free Report)'s stock price was down 0.5% during trading on Wednesday . The company traded as low as GBX 2,748 ($36.83) and last traded at GBX 2,764 ($37.05). Approximately 7,406,426 shares traded hands during trading, a decline of 14% from the average daily volume of 8,588,982 shares. The stock had previously closed at GBX 2,779 ($37.25).
Analyst Ratings Changes
A number of equities research analysts recently commented on SHEL shares. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Shell in a research report on Friday, August 1st. Berenberg Bank reissued a "buy" rating and set a GBX 3,000 target price on shares of Shell in a research report on Friday, August 1st. Royal Bank Of Canada reissued an "outperform" rating and set a GBX 3,400 target price on shares of Shell in a research report on Friday, August 1st. Finally, Citigroup increased their target price on shares of Shell from GBX 2,450 to GBX 2,650 and gave the company a "neutral" rating in a research report on Friday, August 1st. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 3,110.
Read Our Latest Research Report on SHEL
Shell Stock Down 0.5%
The stock has a market cap of £159.68 billion, a price-to-earnings ratio of 1,233.93, a price-to-earnings-growth ratio of 2.50 and a beta of 0.51. The stock's 50 day moving average price is GBX 2,677.69 and its two-hundred day moving average price is GBX 2,590.50.
About Shell
(
Get Free Report)
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.
Further Reading
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