Shell PLC Unsponsored ADR (NYSE:SHEL) Receives Average Rating of “Hold” from Analysts

Shell PLC Unsponsored ADR (NYSE:SHEL) has been assigned a consensus rating of “Hold” from the eighteen analysts that are covering the stock, Marketbeat.com reports. Twelve equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $84.05.

Several equities analysts have recently issued reports on SHEL shares. Wall Street Zen lowered shares of Shell from a “buy” rating to a “hold” rating in a report on Sunday, March 22nd. Wells Fargo & Company decreased their target price on Shell from $78.00 to $77.00 and set an “equal weight” rating for the company in a research note on Friday, February 6th. Piper Sandler boosted their price objective on Shell from $89.00 to $106.00 and gave the company an “overweight” rating in a research report on Thursday, March 12th. Royal Bank Of Canada lowered shares of Shell from an “outperform” rating to a “sector perform” rating in a research note on Monday, January 26th. Finally, Morgan Stanley downgraded shares of Shell from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, March 24th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Natixis Advisors LLC raised its position in Shell by 13.2% in the 3rd quarter. Natixis Advisors LLC now owns 1,445,346 shares of the energy company’s stock valued at $103,386,000 after buying an additional 167,983 shares during the last quarter. Great Lakes Advisors LLC boosted its position in Shell by 0.5% during the 3rd quarter. Great Lakes Advisors LLC now owns 596,972 shares of the energy company’s stock worth $42,701,000 after acquiring an additional 3,084 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of Shell by 187.5% in the fourth quarter. SG Americas Securities LLC now owns 316,216 shares of the energy company’s stock valued at $23,236,000 after purchasing an additional 677,746 shares during the last quarter. Allied Investment Advisors LLC lifted its position in shares of Shell by 2.5% in the fourth quarter. Allied Investment Advisors LLC now owns 196,452 shares of the energy company’s stock worth $14,435,000 after purchasing an additional 4,720 shares in the last quarter. Finally, Captrust Financial Advisors boosted its holdings in Shell by 30.4% during the fourth quarter. Captrust Financial Advisors now owns 180,630 shares of the energy company’s stock worth $13,273,000 after purchasing an additional 42,129 shares during the last quarter. 28.60% of the stock is owned by institutional investors and hedge funds.

Shell Price Performance

Shell stock opened at $92.12 on Wednesday. The firm has a market capitalization of $260.86 billion, a P/E ratio of 15.35, a PEG ratio of 1.80 and a beta of 0.14. The business has a 50-day moving average of $81.86 and a 200-day moving average of $76.31. The company has a current ratio of 1.30, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38. Shell has a 1 year low of $58.54 and a 1 year high of $92.95.

Shell (NYSE:SHEL) last released its quarterly earnings data on Thursday, February 5th. The energy company reported $1.14 earnings per share for the quarter, missing the consensus estimate of $1.21 by ($0.07). Shell had a return on equity of 10.34% and a net margin of 6.52%.The firm had revenue of $64.09 billion for the quarter, compared to the consensus estimate of $65.82 billion. On average, equities analysts anticipate that Shell will post 7.67 EPS for the current year.

Shell Company Profile

Shell plc (NYSE: SHEL) is a global integrated energy company that operates across the full oil and gas value chain as well as in developing lower-carbon energy solutions. The company traces its roots to the early 20th century merger of Royal Dutch Petroleum and Shell Transport and Trading, and today it is organized to explore for and produce hydrocarbons, process and refine them, manufacture petrochemicals, and market fuel, lubricants and related products under the Shell brand around the world.

Shell’s principal activities include upstream exploration and production of oil and natural gas, integrated gas operations including liquefied natural gas (LNG), and downstream refining, supply and marketing.