TD Cowen Lowers Shell (NYSE:SHEL) Price Target to $110.00

Shell (NYSE:SHEL) had its price objective cut by investment analysts at TD Cowen from $112.00 to $110.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the energy company’s stock. TD Cowen’s price objective would suggest a potential upside of 19.24% from the company’s current price.

Other equities research analysts have also issued research reports about the company. Wall Street Zen lowered Shell from a “buy” rating to a “hold” rating in a research note on Sunday, March 22nd. Weiss Ratings raised Shell from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 30th. Piper Sandler boosted their target price on Shell from $89.00 to $106.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. Scotiabank raised Shell to a “strong-buy” rating in a research note on Friday, March 27th. Finally, Jefferies Financial Group reissued a “buy” rating on shares of Shell in a research note on Thursday, January 8th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $91.55.

Shell Price Performance

SHEL opened at $92.25 on Friday. The stock has a 50-day moving average price of $85.48 and a 200-day moving average price of $77.75. 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 stock has a market capitalization of $261.25 billion, a P/E ratio of 15.38, a PEG ratio of 0.55 and a beta of 0.10.

Shell (NYSE:SHEL) last posted its quarterly earnings data 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 firm had revenue of $64.09 billion during the quarter, compared to analysts’ expectations of $65.82 billion. Equities analysts predict that Shell will post 7.67 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC bought a new position in shares of Shell in the 4th quarter worth approximately $26,000. Steigerwald Gordon & Koch Inc. bought a new position in shares of Shell in the 3rd quarter worth approximately $31,000. Grey Fox Wealth Advisors LLC bought a new position in shares of Shell in the 3rd quarter worth approximately $34,000. Zions Bancorporation National Association UT grew its stake in shares of Shell by 186.7% in the 4th quarter. Zions Bancorporation National Association UT now owns 473 shares of the energy company’s stock worth $35,000 after buying an additional 308 shares during the last quarter. Finally, Nalls Sherbakoff Group LLC purchased a new stake in shares of Shell in the 4th quarter worth approximately $36,000. Institutional investors own 28.60% of the company’s stock.

Key Headlines Impacting Shell

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.