Wells Fargo & Company Increases Shell (NYSE:SHEL) Price Target to $94.00

Shell (NYSE:SHEL) had its target price upped by equities researchers at Wells Fargo & Company from $77.00 to $94.00 in a report issued on Thursday, MarketBeat Ratings reports. The firm currently has an “equal weight” rating on the energy company’s stock. Wells Fargo & Company‘s target price indicates a potential upside of 1.89% from the company’s current price.

A number of other equities analysts have also issued reports on the stock. Weiss Ratings raised shares of Shell from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 30th. Piper Sandler raised their price objective on shares of Shell from $89.00 to $106.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. Royal Bank Of Canada cut shares of Shell from an “outperform” rating to a “sector perform” rating in a research note on Monday, January 26th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Shell in a research note on Thursday, January 8th. Finally, Scotiabank raised shares of Shell to a “strong-buy” rating in a research note on Friday, March 27th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $91.55.

Shell Stock Performance

SHEL opened at $92.25 on Thursday. Shell has a 12-month low of $60.32 and a 12-month high of $94.90. The company has a current ratio of 1.30, a quick ratio of 1.03 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $261.25 billion, a PE ratio of 15.38, a P/E/G ratio of 0.54 and a beta of 0.10. The firm has a 50 day moving average of $85.48 and a two-hundred day moving average of $77.71.

Shell (NYSE:SHEL) last posted its quarterly earnings results on Friday, February 6th. The energy company reported $1.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.07). Shell had a return on equity of 10.34% and a net margin of 6.52%.The business had revenue of $64.09 billion for the quarter, compared to analysts’ expectations of $65.82 billion. On average, analysts anticipate that Shell will post 7.67 EPS for the current year.

Institutional Investors Weigh In On Shell

A number of institutional investors have recently added to or reduced their stakes in SHEL. SG Americas Securities LLC grew its stake in Shell by 187.5% in the 4th quarter. SG Americas Securities LLC now owns 316,216 shares of the energy company’s stock valued at $23,236,000 after acquiring an additional 677,746 shares during the period. Natixis Advisors LLC grew its stake in Shell by 13.2% in the 3rd quarter. Natixis Advisors LLC now owns 1,445,346 shares of the energy company’s stock valued at $103,386,000 after acquiring an additional 167,983 shares during the period. Captrust Financial Advisors grew its stake in Shell by 30.4% in the 4th quarter. Captrust Financial Advisors now owns 180,630 shares of the energy company’s stock valued at $13,273,000 after acquiring an additional 42,129 shares during the period. Farther Finance Advisors LLC grew its stake in Shell by 119.7% in the 4th quarter. Farther Finance Advisors LLC now owns 42,664 shares of the energy company’s stock valued at $3,135,000 after acquiring an additional 23,243 shares during the period. Finally, Beese Fulmer Investment Management Inc. grew its stake in Shell by 111.5% in the 4th quarter. Beese Fulmer Investment Management Inc. now owns 42,090 shares of the energy company’s stock valued at $3,093,000 after acquiring an additional 22,187 shares during the period. Institutional investors and hedge funds own 28.60% of the company’s stock.

Shell News Summary

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Company buybacks — Shell announced further on-market purchases for cancellation (9–10 Apr) as part of its ongoing buy-back programme, which reduces share count and supports EPS. Transaction in Own Shares (10 April 2026)
• Positive Sentiment: Analyst support and higher estimates — Multiple firms have moved more constructive: Erste raised FY earnings estimates, TD Cowen maintains a Buy rating (slight PT cut), and Zacks upgraded Shell to a Buy, collectively improving near‑term buy-side appetite. FY2027 EPS Estimates for Shell Increased by Erste Group Bank
• Positive Sentiment: Longer‑term gas project development — Reuters reports Shell aims to start gas output from the large Loran‑Manatee field in 2027, underpinning future gas production growth potential. Shell seeks to begin gas output at Loran-Manatee field
• Neutral Sentiment: Q1 operational mix — Shell’s Q1 update flagged weaker gas output and some liquidity pressure amid regional tensions, but highlighted stronger oil trading and marketing gains that could offset gas weakness in reported results. Investors are weighing the mix. Shell’s Q1 Update Flags Gas Weakness but Sees Oil Trading Upside
• Negative Sentiment: Broker downgrade — Rothschild & Co Redburn cut Shell from “strong‑buy” to “hold,” which could blunt momentum from other upgrades and temper short‑term flows. Rothschild & Co Redburn Downgrade (reported via Zacks)
• Negative Sentiment: Geopolitical and gas risks — Commentary notes Shell trimmed gas output outlook and is exposed to Strait of Hormuz/region tensions; these factors add near‑term operational and sentiment risk despite strong oil trading. Up 24% in 2026 and Yielding 3.1% (Barchart)

About Shell

Shell plc (NYSE: SHEL) is a global integrated energy company that operates across the full oil and gas value chain as well as in developing lower-carbon energy solutions. The company traces its roots to the early 20th century merger of Royal Dutch Petroleum and Shell Transport and Trading, and today it is organized to explore for and produce hydrocarbons, process and refine them, manufacture petrochemicals, and market fuel, lubricants and related products under the Shell brand around the world.

Shell’s principal activities include upstream exploration and production of oil and natural gas, integrated gas operations including liquefied natural gas (LNG), and downstream refining, supply and marketing.