Shell plc (LON:SHEL) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Consensus "Moderate Buy": Six analysts currently cover Shell with a split of three hold and three buy ratings, and the average 1‑year price target is GBX 3,066.67.
• Insider buying: Insiders Sinead Gorman and CEO Wael Sawan purchased 15,841 and 23,980 shares respectively at GBX 3,011 each (totaling roughly £1.2m), while insiders own just 0.04% of the stock.
• Stock near 1‑year high: SHEL opened at GBX 3,361 (1‑year high GBX 3,378) and trades at a market cap of £189.33 billion with a P/E of 11.20, implying a relatively modest valuation for an energy major.

Shell plc (LON:SHEL - Get Free Report) has been given a consensus rating of "Moderate Buy" by the six research firms that are currently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 3,066.67.

Several research firms have weighed in on SHEL. UBS Group reissued a "neutral" rating and set a GBX 2,850 price target on shares of Shell in a research report on Friday, January 23rd. Jefferies Financial Group upped their price objective on Shell from GBX 3,000 to GBX 3,200 and gave the company a "buy" rating in a research report on Monday, November 17th. Royal Bank Of Canada decreased their price objective on Shell from GBX 3,600 to GBX 3,200 and set a "sector perform" rating on the stock in a research note on Monday, January 26th. Finally, JPMorgan Chase & Co. lifted their price objective on Shell from GBX 3,100 to GBX 3,200 and gave the stock an "overweight" rating in a research report on Friday, December 5th.

Insider Activity

In other news, insider Sinead Gorman acquired 15,841 shares of Shell stock in a transaction that occurred on Thursday, February 26th. The shares were acquired at an average price of GBX 3,011 per share, with a total value of £476,972.51. Also, insider Wael Sawan acquired 23,980 shares of Shell stock in a transaction that occurred on Thursday, February 26th. The shares were purchased at an average cost of GBX 3,011 per share, for a total transaction of £722,037.80. 0.04% of the stock is owned by company insiders.

Shell Price Performance

SHEL stock opened at GBX 3,361 on Friday. Shell has a 1 year low of GBX 2,269.92 and a 1 year high of GBX 3,378. The company has a debt-to-equity ratio of 59.97, a quick ratio of 0.87 and a current ratio of 1.30. The stock's 50 day moving average price is GBX 2,878.76 and its 200 day moving average price is GBX 2,787.19. The firm has a market cap of £189.33 billion, a P/E ratio of 11.20, a PEG ratio of 2.50 and a beta of 0.51.

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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