JPMorgan Chase & Co. Boosts Shell (LON:SHEL) Price Target to GBX 3,900

Shell (LON:SHEL) had its price objective boosted by equities research analysts at JPMorgan Chase & Co. from GBX 3,600 to GBX 3,900 in a research note issued on Thursday,London Stock Exchange reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 10.06% from the company’s current price.

Other analysts have also recently issued reports about the stock. Jefferies Financial Group restated a “buy” rating on shares of Shell in a report on Thursday. Morgan Stanley lowered shares of Shell to an “equal weight” rating in a research note on Wednesday, March 25th. Barclays reissued a “buy” rating on shares of Shell in a research report on Tuesday. Berenberg Bank restated a “buy” rating on shares of Shell in a research note on Thursday. Finally, UBS Group reaffirmed a “neutral” rating and issued a GBX 2,850 price target on shares of Shell in a report on Friday, January 23rd. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 3,183.33.

Shell Price Performance

SHEL opened at GBX 3,543.50 on Thursday. The firm has a market capitalization of £199.61 billion, a PE ratio of 11.81, a price-to-earnings-growth ratio of 2.50 and a beta of 0.51. The company has a debt-to-equity ratio of 59.97, a current ratio of 1.30 and a quick ratio of 0.87. The business’s 50-day moving average is GBX 3,110.37 and its two-hundred day moving average is GBX 2,869.52. Shell has a 1 year low of GBX 2,269.92 and a 1 year high of GBX 3,592.

Insiders Place Their Bets

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

Shell News Roundup

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.