Shell PLC Unsponsored ADR (NYSE:SHEL - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $84.63 and traded as high as $89.13. Shell shares last traded at $88.4370, with a volume of 4,423,662 shares.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on SHEL shares. Jefferies Financial Group boosted their price target on shares of Shell to $122.40 and gave the stock a "buy" rating in a research report on Thursday, May 21st. Weiss Ratings raised shares of Shell from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, July 28th. Wells Fargo & Company boosted their price target on Shell from $100.00 to $105.00 and gave the company an "equal weight" rating in a research note on Friday, July 31st. TD Cowen reiterated a "buy" rating on shares of Shell in a research note on Thursday, July 2nd. Finally, BNP Paribas Exane set a $101.00 target price on shares of Shell and gave the stock a "neutral" rating in a research note on Friday, April 17th. Five investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $102.17.
Check Out Our Latest Stock Report on SHEL
Shell Trading Down 1.3%
The firm has a fifty day moving average price of $84.02 and a 200-day moving average price of $84.63. The company has a market capitalization of $247.94 billion, a P/E ratio of 9.76, a price-to-earnings-growth ratio of 0.59 and a beta of 0.05. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.43 and a quick ratio of 1.12.
Shell (NYSE:SHEL - Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The energy company reported $3.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.23 by $0.29. The business had revenue of $94.66 billion for the quarter, compared to analysts' expectations of $86.22 billion. Shell had a return on equity of 14.34% and a net margin of 8.55%. On average, equities research analysts anticipate that Shell PLC Unsponsored ADR will post 10.31 earnings per share for the current year.
Institutional Trading of Shell
Several hedge funds have recently added to or reduced their stakes in the business. Trust Co. of Vermont purchased a new stake in Shell in the 2nd quarter worth approximately $561,000. Financial Management Professionals Inc. boosted its holdings in Shell by 2.9% in the second quarter. Financial Management Professionals Inc. now owns 4,800 shares of the energy company's stock valued at $372,000 after acquiring an additional 137 shares in the last quarter. Allied Private Wealth LLC bought a new position in Shell in the 2nd quarter worth $43,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Shell by 729.3% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,899 shares of the energy company's stock worth $147,000 after acquiring an additional 1,670 shares during the period. Finally, Red Spruce Capital LLC grew its position in shares of Shell by 1.2% in the 2nd quarter. Red Spruce Capital LLC now owns 21,069 shares of the energy company's stock worth $1,634,000 after buying an additional 254 shares during the period. 28.60% of the stock is owned by institutional investors.
Shell Company Profile
(
Get Free Report)
Shell plc NYSE: SHEL is a global integrated energy company that operates across the full oil and gas value chain as well as in developing lower-carbon energy solutions. The company traces its roots to the early 20th century merger of Royal Dutch Petroleum and Shell Transport and Trading, and today it is organized to explore for and produce hydrocarbons, process and refine them, manufacture petrochemicals, and market fuel, lubricants and related products under the Shell brand around the world.
Shell's principal activities include upstream exploration and production of oil and natural gas, integrated gas operations including liquefied natural gas (LNG), and downstream refining, supply and marketing.
Further Reading
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