Shell plc (LON:SHEL) Receives Consensus Rating of “Buy” from Analysts

Shares of Shell plc (LON:SHEL) have received an average recommendation of “Buy” from the six research firms that are presently covering the stock, MarketBeat.com reports. Six analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 3,350 ($41.40).

A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Shell from GBX 3,200 ($39.55) to GBX 3,300 ($40.78) and gave the company an “overweight” rating in a research note on Tuesday, January 14th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,200 ($39.55) price target on shares of Shell in a research note on Monday, December 16th.

Shell Price Performance

SHEL stock opened at GBX 2,658 ($32.85) on Tuesday. The company’s 50-day moving average price is GBX 2,562.89 and its two-hundred day moving average price is GBX 2,599.23. Shell has a 12 month low of GBX 2,374.50 ($29.34) and a 12 month high of GBX 2,961 ($36.59). The company has a quick ratio of 0.87, a current ratio of 1.41 and a debt-to-equity ratio of 40.32. The firm has a market cap of £164.26 billion, a P/E ratio of 1,236.28, a P/E/G ratio of 2.50 and a beta of 0.51.

About Shell

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.