Berenberg Bank Reiterates Buy Rating for Shell (LON:SHEL)

Shell (LON:SHEL)‘s stock had its “buy” rating restated by equities research analysts at Berenberg Bank in a report issued on Thursday,MarketScreener reports.

Other equities research analysts have also issued research reports about the stock. Morgan Stanley lowered shares of Shell to an “equal weight” rating in a research note on Wednesday, March 25th. Royal Bank Of Canada reduced their price target on Shell from GBX 3,600 to GBX 3,200 and set a “sector perform” rating for the company in a report on Monday, January 26th. Jefferies Financial Group reissued a “buy” rating on shares of Shell in a research report on Thursday. JPMorgan Chase & Co. lifted their price objective on Shell from GBX 3,100 to GBX 3,200 and gave the stock an “overweight” rating in a report on Friday, December 5th. Finally, UBS Group reaffirmed a “neutral” rating and issued a GBX 2,850 target price on shares of Shell in a research report on Friday, January 23rd. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 3,183.33.

Shell Price Performance

SHEL stock opened at GBX 3,543.50 on Thursday. The stock has a market capitalization of £199.61 billion, a price-to-earnings ratio of 11.81, a PEG ratio of 2.50 and a beta of 0.51. The firm’s 50-day moving average price is GBX 3,110.37 and its two-hundred day moving average price is GBX 2,869.52. The company has a current ratio of 1.30, a quick ratio of 0.87 and a debt-to-equity ratio of 59.97. Shell has a 12-month low of GBX 2,269.92 and a 12-month high of GBX 3,592.

Insider Transactions at Shell

In other Shell news, insider Sinead Gorman bought 15,841 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was purchased at an average price of GBX 3,011 per share, for a total transaction of £476,972.51. Also, insider Wael Sawan bought 23,980 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were acquired at an average cost of GBX 3,011 per share, for a total transaction of £722,037.80. Corporate insiders own 0.04% of the company’s stock.

More Shell News

Here are the key news stories impacting Shell this week:

• Positive Sentiment: JPMorgan raised its price target to GBX 3,900 and moved to an “overweight” rating, signaling stronger analyst conviction on Shell’s outlook and providing near-term positive catalyst for momentum. Read More.
• Positive Sentiment: Shell reported fresh repurchases (858,749 shares bought for cancellation on 2 Apr 2026), which reduce share count and support EPS and share-price upside over time. Read More.
• Positive Sentiment: Multiple brokers have reaffirmed buy ratings (Berenberg, Jefferies, Barclays), maintaining institutional support and likely encouraging buyer interest. Read More. • Read More.
• Neutral Sentiment: An LSE broker-ratings notice reiterated the JPMorgan upgrade and related commentary; useful for confirming the analyst move but largely duplicative of the JPMorgan report. Read More.
• Negative Sentiment: Several entertainment headlines refer to “Jeff Shell” (former Paramount executive) — these are unrelated to Shell plc but could create headline noise or short-term search-driven confusion among retail investors. Read More. • Read More.
• Negative Sentiment: Unrelated product/game coverage using the word “Shell” (e.g., Mortal Shell 2) can add to retail investor confusion but has no impact on Shell plc’s business. Read More.

About Shell

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.