Shell plc (LON:SHEL) Receives Consensus Rating of “Hold” from Brokerages

Shell plc (LON:SHEL) has been assigned a consensus rating of “Hold” from the ten analysts that are presently covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is GBX 3,383.33.

A number of brokerages recently commented on SHEL. Barclays restated a “buy” rating on shares of Shell in a report on Tuesday, April 28th. Berenberg Bank restated a “buy” rating on shares of Shell in a report on Thursday, April 2nd. Royal Bank Of Canada restated a “neutral” rating on shares of Shell in a report on Wednesday, April 8th. UBS Group restated a “neutral” rating on shares of Shell in a report on Tuesday, April 28th. Finally, Rothschild & Co Redburn downgraded Shell to a “neutral” rating in a report on Thursday, April 9th.

Shell Price Performance

Shares of Shell stock opened at GBX 3,290 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.30 and a debt-to-equity ratio of 59.97. The company has a market cap of £184.41 billion, a PE ratio of 10.97, a P/E/G ratio of 2.50 and a beta of 0.51. The business has a 50 day moving average of GBX 3,314.71 and a 200 day moving average of GBX 2,960.16. Shell has a 52 week low of GBX 2,403.50 and a 52 week high of GBX 3,592.

Insider Buying and Selling at Shell

In other news, insider Sinead Gorman purchased 15,841 shares of Shell stock in a transaction that occurred on Thursday, February 26th. The shares were bought at an average cost of GBX 3,011 per share, with a total value of £476,972.51. Also, insider Wael Sawan purchased 23,980 shares of Shell stock in a transaction that occurred on Thursday, February 26th. The stock was 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 corporate 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.