Shell (LON:SHEL - Get Free Report)'s stock had its "buy" rating reaffirmed by analysts at Berenberg Bank in a note issued to investors on Monday, MarketBeat reports. They presently have a GBX 3,000 ($40.76) target price on the stock. Berenberg Bank's target price would indicate a potential upside of 12.28% from the stock's previous close.
Shell Stock Up 0.5%
Shell stock traded up GBX 14 ($0.19) during trading hours on Monday, hitting GBX 2,672 ($36.30). The stock had a trading volume of 5,831,848 shares, compared to its average volume of 9,422,247. The stock has a market capitalization of £201.21 billion, a P/E ratio of 13.31, a price-to-earnings-growth ratio of 2.50 and a beta of 0.51. Shell has a 12-month low of GBX 2,269.92 ($30.84) and a 12-month high of GBX 2,947.06 ($40.04). The stock's 50-day moving average price is GBX 2,537.28 and its 200-day moving average price is GBX 2,568.
About Shell
(
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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.
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