Shell (LON:SHEL) Receives Neutral Rating from UBS Group

Shell (LON:SHELGet Free Report)‘s stock had its “neutral” rating reaffirmed by investment analysts at UBS Group in a research report issued on Thursday,MarketScreener reports.

Other equities research analysts have also recently issued reports about the company. Jefferies Financial Group restated a “buy” rating on shares of Shell in a research note on Thursday, April 2nd. Morgan Stanley lowered shares of Shell to an “equal weight” rating in a research report on Wednesday, March 25th. Berenberg Bank reaffirmed a “buy” rating on shares of Shell in a research report on Thursday, April 2nd. Rothschild & Co Redburn cut shares of Shell to a “neutral” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. raised their target price on shares of Shell from GBX 3,600 to GBX 3,900 and gave the company an “overweight” rating in a research note on Thursday, April 2nd. Four research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of GBX 3,183.33.

Read Our Latest Stock Report on Shell

Shell Price Performance

Shares of SHEL opened at GBX 3,442.50 on Thursday. The stock has a market capitalization of £192.96 billion, a PE ratio of 11.47, a PEG ratio of 2.50 and a beta of 0.51. The company has a 50 day moving average price of GBX 3,158.75 and a 200-day moving average price of GBX 2,889.82. The company has a debt-to-equity ratio of 59.97, a quick ratio of 0.87 and a current ratio of 1.30. Shell has a fifty-two week low of GBX 2,289.69 and a fifty-two week high of GBX 3,592.

Insider Buying and Selling at Shell

In other news, insider Wael Sawan bought 23,980 shares of Shell stock in a transaction on Thursday, February 26th. The stock was acquired at an average price of GBX 3,011 per share, with a total value of £722,037.80. Also, insider Sinead Gorman bought 15,841 shares of the firm’s stock in a transaction dated 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. 0.04% of the stock is currently owned by insiders.

Shell News Summary

Here are the key news stories impacting Shell this week:

Shell Company Profile

(Get Free Report)

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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