Shell (LON:SHEL) Rating Reiterated by Berenberg Bank

Shell (LON:SHELGet Free Report)‘s stock had its “buy” rating reaffirmed by equities research analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday, MarketBeat reports. They currently have a GBX 3,400 ($43.55) target price on the stock. Berenberg Bank’s price objective would indicate a potential upside of 20.01% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 3,500 ($44.83) price target on shares of Shell in a research report on Wednesday, July 3rd. Barclays reissued an “overweight” rating and issued a GBX 3,800 ($48.67) target price on shares of Shell in a research note on Friday, May 3rd. Bank of America restated a “buy” rating and issued a GBX 3,300 ($42.27) price target on shares of Shell in a report on Monday, April 22nd. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a GBX 3,000 ($38.43) price objective on shares of Shell in a report on Friday, May 3rd. Five investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 3,278.33 ($41.99).

Check Out Our Latest Report on Shell

Shell Stock Down 0.0 %

Shell stock opened at GBX 2,833 ($36.29) on Tuesday. The firm has a market capitalization of £180.18 billion, a price-to-earnings ratio of 1,317.67, a PEG ratio of 2.80 and a beta of 0.55. The company’s 50 day simple moving average is GBX 2,809.55 and its 200 day simple moving average is GBX 2,663.42. The company has a debt-to-equity ratio of 42.45, a current ratio of 1.42 and a quick ratio of 0.87. Shell has a fifty-two week low of GBX 2,280.50 ($29.21) and a fifty-two week high of GBX 2,961 ($37.93).

Shell Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Shell (LON:SHEL)

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