Shell’s (SHEL) “Outperform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their outperform rating on shares of Shell (LON:SHEL) in a report issued on Friday,London Stock Exchange reports. They currently have a GBX 3,600 target price on the stock.

Several other research firms also recently weighed in on SHEL. Berenberg Bank raised their price target on shares of Shell from GBX 3,000 to GBX 3,250 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Citigroup increased their price objective on shares of Shell from GBX 2,650 to GBX 2,700 and gave the company a “neutral” rating in a report on Monday, November 3rd. Jefferies Financial Group boosted their target price on Shell from GBX 3,000 to GBX 3,200 and gave the stock a “buy” rating in a report on Monday, November 17th. Finally, JPMorgan Chase & Co. increased their price target on Shell from GBX 3,100 to GBX 3,200 and gave the company an “overweight” rating in a report on Friday, December 5th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Shell presently has an average rating of “Moderate Buy” and an average target price of GBX 3,190.

Shell Stock Performance

Shares of SHEL stock opened at GBX 2,623.98 on Friday. The stock’s fifty day moving average is GBX 2,758.39 and its two-hundred day moving average is GBX 2,707.87. The firm has a market capitalization of £149.25 billion, a P/E ratio of 10.71, a PEG ratio of 2.50 and a beta of 0.51. Shell has a fifty-two week low of GBX 2,269.92 and a fifty-two week high of GBX 2,937.50.

More Shell News

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Royal Bank of Canada reiterated an “outperform” rating and set a GBP/GBX 3,600 price target, providing a bullish third‑party valuation anchor that can support upside momentum. Article Title
• Positive Sentiment: Shell continues active capital returns: company disclosures show multiple tranches of share repurchases (8–9 Jan) with shares bought for cancellation — buybacks reduce share count and boost EPS, supporting the share price. Transaction in Own Shares
• Neutral Sentiment: Valuation commentary notes that after solid long‑term returns the stock is treading water, highlighting mixed investor views on near‑term catalysts versus longer‑term earnings potential. Valuation Check
• Negative Sentiment: Shell warned of weaker Q4 performance: trading pressures, tax adjustments and a flagged loss in its Chemicals & Products unit could dent near‑term earnings and raise questions about the pace of future buybacks. Q4 Warning
• Negative Sentiment: Media reports emphasize the chemicals unit swinging to a loss, which could pressure margins and investor sentiment if confirmed in results. Chemicals Loss

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.