Shell PLC Unsponsored ADR (NYSE:SHEL) Stock Has Average Target Price of $106.08

Shell PLC Unsponsored ADR (NYSE:SHEL) has been assigned a consensus recommendation of “Moderate Buy” from the eighteen analysts that are presently covering the company, Marketbeat reports. Nine research analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $106.63.

SHEL has been the subject of several recent research reports. TD Cowen upped their price objective on Shell from $107.00 to $115.00 and gave the stock a “buy” rating in a research report on Monday, September 28th. Morgan Stanley set a $101.30 price objective on Shell and gave the stock an “overweight” rating in a report on Thursday, September 3rd. Erste Group Bank raised Shell from a “hold” rating to a “buy” rating in a research report on Thursday, August 27th. Piper Sandler boosted their target price on Shell from $89.00 to $100.00 and gave the company a “neutral” rating in a research note on Thursday, September 3rd. Finally, Weiss Ratings raised Shell from a “buy (b)” rating to a “buy (a-)” rating in a research report on Thursday, October 8th.

Shell News Summary

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Refining margins point to a potentially strong quarter: Shell indicated that its refining margin could rise to approximately $42 per barrel, improving expectations for near-term earnings and cash flow. Shell refining margin article
• Positive Sentiment: Offshore production is recovering: Shell and Chevron are leading the restart of U.S. Gulf oil production following Hurricane Isaias, with facilities reporting no storm damage. A faster return to operations limits production losses. U.S. Gulf production recovery article
• Positive Sentiment: Growth investments and estimates improved: Shell agreed to acquire a 30% stake in Equinor’s Bay du Nord project in Canada, adding long-term offshore exposure while emphasizing capital discipline. Erste Group also raised its FY2027 EPS forecast to $10.20 from $9.60 and maintained a Buy rating. Bay du Nord and earnings estimate article
• Positive Sentiment: Energy-transition initiatives expanded: UK charging operator Source added its sites to the Shell Card roaming network, while Shell and Singapore LNG shipped their first bio-LNG volumes. These moves broaden Shell’s lower-carbon and mobility businesses. Shell Card charging network article
• Neutral Sentiment: Portfolio reshaping continued: Shell plans to sell its Nigerian domestic gas-distribution business to Vaaris Energy, simplifying the portfolio and releasing capital but also reducing exposure to a local growth operation. Shell Nigeria gas business sale article
• Negative Sentiment: Australia regulatory risk increased: Shell criticized Canberra’s proposed gas-reserve requirements, warning they could distort the market and cause market failure. The policy could constrain LNG exports or reduce pricing flexibility. Australia gas reserve plan article

Institutional Trading of Shell

A number of institutional investors have recently made changes to their positions in the business. Continuum Advisory LLC bought a new position in Shell during the second quarter worth about $34,000. Retirement Wealth Solutions LLC increased its position in Shell by 57.8% during the third quarter. Retirement Wealth Solutions LLC now owns 478 shares of the energy company’s stock worth $45,000 after buying an additional 175 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new stake in Shell in the fourth quarter valued at approximately $36,000. Kilter Group LLC raised its stake in Shell by 83.1% in the second quarter. Kilter Group LLC now owns 498 shares of the energy company’s stock valued at $39,000 after buying an additional 226 shares during the period. Finally, Allied Private Wealth LLC bought a new stake in Shell in the second quarter valued at approximately $43,000. Institutional investors own 28.60% of the company’s stock.

Shell Trading Up 1.3%

Shares of NYSE:SHEL opened at $102.95 on Friday. The firm has a market cap of $288.63 billion, a price-to-earnings ratio of 11.34, a PEG ratio of 0.86 and a beta of 0.10. The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.36. Shell has a 12 month low of $68.63 and a 12 month high of $103.09. The company’s fifty day simple moving average is $94.16 and its 200 day simple moving average is $88.98.

Shell (NYSE:SHEL) last released its earnings results on Friday, July 31st. The energy company reported $3.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.23 by $0.29. Shell had a return on equity of 14.34% and a net margin of 8.55%. The firm had revenue of $94.66 billion during the quarter, compared to analysts’ expectations of $86.22 billion. As a group, research analysts forecast that Shell will post 11.51 EPS for the current fiscal year.

About Shell

Shell plc is a global energy company headquartered in London, United Kingdom. Its operations span the exploration, production, processing, transportation and marketing of oil and natural gas, with an increasing focus on liquefied natural gas (LNG), lower-carbon energy and energy-transition solutions.

The company supplies fuels, lubricants, chemicals and other energy products to businesses, transportation customers and consumers. Shell also operates a network of retail service stations and provides charging services for electric vehicles, renewable power and related energy solutions.