Shell (LON:SHEL – Get Free Report)‘s stock had its “neutral” rating restated by analysts at Royal Bank Of Canada in a research report issued to clients and investors on Wednesday,MarketScreener reports.
Other research analysts have also issued research reports about the company. Barclays restated a “buy” rating on shares of Shell in a research report on Tuesday, March 31st. UBS Group reiterated a “neutral” rating and set a GBX 2,850 price target on shares of Shell in a research report on Friday, January 23rd. Morgan Stanley lowered Shell to an “equal weight” rating in a research report on Wednesday, March 25th. JPMorgan Chase & Co. boosted their price target on Shell from GBX 3,600 to GBX 3,900 and gave the stock an “overweight” rating in a research report on Thursday, April 2nd. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Shell in a research report on Thursday, April 2nd. Four analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 3,383.33.
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Shell Trading Up 1.4%
Insider Buying and Selling at Shell
In other news, insider Sinead Gorman acquired 15,841 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was acquired at an average price of GBX 3,011 per share, for a total transaction of £476,972.51. Also, insider Wael Sawan acquired 23,980 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was purchased at an average price of GBX 3,011 per share, with a total value of £722,037.80. Corporate insiders own 0.04% of the company’s stock.
Key Stories Impacting Shell
Here are the key news stories impacting Shell this week:
- Positive Sentiment: Ongoing share buy‑backs — Shell reported repurchases on 9 April (part of a multi‑venue programme and cancellations), supporting EPS and signalling capital return to shareholders. Shell Continues Share Buy-Back Programme With April 9 Repurchases
- Positive Sentiment: Higher oil trading profits expected in Q1 — management says oil trading profits will be “significantly higher,” which boosts near‑term cash flow and offsets some upstream weakness. Shell Expects ‘Significantly Higher’ Oil Trading Profits in Q1
- Positive Sentiment: Bullish broker call — Jefferies reaffirmed a “buy” and set a GBX 4,400 price target, which can lift investor sentiment versus peers that are more cautious. London Stock Exchange broker ratings
- Neutral Sentiment: Mixed analyst positioning — several brokers (UBS, Rothschild/Redburn, RBC) have issued or reaffirmed neutral ratings; this tempers upside despite buyback and trading strength. Shell neutral rating from UBS
- Neutral Sentiment: News item about Jeff Shell (Paramount) is unrelated to Shell plc (SHEL) but may create name‑confusion in headlines — not a company fundamentals story. Jeff Shell Steps Down as President of Paramount
- Negative Sentiment: Production and gas outlook hit by Middle East conflict — Shell disclosed lower gas output and production impacts tied to the Iran war, and expects some capital outflows; that pressures near‑term upstream volumes and could weigh on consensus forecasts. Exxon and Shell reveal production hit from Iranian war
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.
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