Shell plc (LON:SHEL) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Shell has a “Moderate Buy” consensus rating from 12 analysts, evenly split between six buy ratings and six hold ratings. The average 12-month price target is GBX 3,775, above the stock’s GBX 3,346.50 opening price.
• Recent analyst actions were broadly positive, including buy reiterations from Barclays, Jefferies, and Goldman Sachs, while HSBC upgraded Shell to buy; UBS maintained a neutral rating.
• Shell shares were up 1.5%, with a market capitalization of about £185.13 billion and a P/E ratio of 7.40. Insider Sinead Gorman sold 30,000 shares for approximately £1.01 million, while insiders own 0.05% of the company.

Shares of Shell plc (LON:SHEL - Get Free Report) have been assigned an average rating of "Moderate Buy" from the twelve brokerages that are currently covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 3,775.

A number of equities analysts have recently issued reports on the company. Barclays reissued a "buy" rating on shares of Shell in a report on Thursday, May 7th. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 4,500 price target on shares of Shell in a research report on Friday, July 31st. HSBC upgraded Shell from a "hold" rating to a "buy" rating in a research note on Monday, May 18th. UBS Group reissued a "neutral" rating on shares of Shell in a report on Tuesday, June 16th. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Shell in a research note on Friday, May 8th.

Shell Stock Up 1.5%

Shares of SHEL stock opened at GBX 3,346.50 on Tuesday. Shell has a one year low of GBX 2,553.77 and a one year high of GBX 3,758.50. 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 stock has a fifty day moving average price of GBX 3,142.97 and a 200 day moving average price of GBX 3,157.42. The stock has a market cap of £185.13 billion, a P/E ratio of 7.40, a price-to-earnings-growth ratio of 2.50 and a beta of 0.43.

Insider Buying and Selling

In other Shell news, insider Sinead Gorman sold 30,000 shares of the business's stock in a transaction dated Friday, July 31st. The shares were sold at an average price of GBX 3,369, for a total value of £1,010,700. 0.05% of the stock is currently 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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