Shell (LON:SHEL) Earns “Buy” Rating from Jefferies Financial Group

Shell (LON:SHEL)‘s stock had its “buy” rating reiterated by Jefferies Financial Group in a research note issued on Wednesday, Digital Look reports. They currently have a GBX 4,500 price objective on the stock. Jefferies Financial Group‘s target price would suggest a potential upside of 22.05% from the company’s current price.

Other equities research analysts have also issued reports about the stock. UBS Group reiterated a “neutral” rating on shares of Shell in a research note on Friday, September 25th. Royal Bank Of Canada restated a “neutral” rating on shares of Shell in a research note on Thursday, September 24th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 4,000 price objective on shares of Shell in a report on Monday, August 3rd. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 3,990.

Shell Stock Performance

Shares of Shell stock opened at GBX 3,687 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 1.38 and a debt-to-equity ratio of 38.34. Shell has a 52 week low of GBX 2,553.77 and a 52 week high of GBX 4,110. The firm’s 50 day moving average is GBX 3,712.52 and its two-hundred day moving average is GBX 3,317.23. The firm has a market capitalization of £209.02 billion, a P/E ratio of 6.40, a P/E/G ratio of 2.50 and a beta of 0.43.

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.