Shell (LON:SHEL) Price Target Cut to GBX 3,200 by Analysts at Royal Bank Of Canada

Shell (LON:SHEL) had its price target trimmed by Royal Bank Of Canada from GBX 3,600 to GBX 3,200 in a research report sent to investors on Monday morning, Marketbeat.com reports. The firm currently has a sector perform rating on the stock.

A number of other analysts have also commented on the stock. JPMorgan Chase & Co. lifted their target price on shares of Shell from GBX 3,100 to GBX 3,200 and gave the stock an “overweight” rating in a report on Friday, December 5th. Jefferies Financial Group raised their price target on Shell from GBX 3,000 to GBX 3,200 and gave the stock a “buy” rating in a research report on Monday, November 17th. Citigroup lifted their price objective on Shell from GBX 2,650 to GBX 2,700 and gave the stock a “neutral” rating in a research note on Monday, November 3rd. UBS Group reissued a “neutral” rating and issued a GBX 2,850 target price on shares of Shell in a research note on Friday. Finally, Berenberg Bank raised their target price on Shell from GBX 3,000 to GBX 3,250 and gave the stock a “buy” rating in a report on Monday, November 3rd. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 3,066.67.

Shell Trading Down 1.0%

Shares of LON SHEL opened at GBX 2,672.50 on Monday. Shell has a 1 year low of GBX 2,269.92 and a 1 year high of GBX 2,937.50. The firm’s 50-day moving average is GBX 2,726.28 and its 200-day moving average is GBX 2,717.04. The firm has a market capitalization of £152.01 billion, a PE ratio of 10.91, a price-to-earnings-growth ratio of 2.50 and a beta of 0.51.

Key Stories Impacting Shell

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Continued share buyback and cancellations support EPS and signal management confidence; recent tranche of repurchased shares was cancelled. Shell Continues Share Buy-Back Programme
• Positive Sentiment: Management is pledging and planning major capital deployment — up to $20bn for Nigeria projects including Bonga South West — which could boost medium-term production and growth if realized. Shell CEO hails Tinubu’s leadership, pledges $20bn Shell plans $20bn investment in Bonga South West
• Neutral Sentiment: Retail/consumer moves — Shell Canada joining the Scene+ loyalty program — may modestly increase customer engagement at forecourts but are unlikely to materially move earnings near-term. Shell Canada Joins Scene+ Loyalty Program
• Neutral Sentiment: Employer/branding stories (Shell Canada employee growth initiatives; Shell LiveWire Malaysia winners) support reputation and talent retention but have limited direct market impact. Shell Canada focuses on employee growth Shell LiveWire Malaysia 2025
• Neutral Sentiment: UBS reaffirmed a Neutral rating — a steadier institutional view that adds little directional momentum. UBS Reaffirms Neutral Rating
• Negative Sentiment: Potential arbitration liability: Bloomberg reports Shell and other majors could face up to ~$4bn in payouts after losing an arbitration case in Kazakhstan — this is a near-term legal/financial risk that likely pressured the share price. Shell, other oil majors face up to $4B Kazakh payout
• Negative Sentiment: Royal Bank of Canada cut its price target (GBX 3,600 → GBX 3,200) and moved to “sector perform”, which can amplify selling pressure from momentum and model-driven funds. RBC lowers Shell price target

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.