Shell’s (SHEL) “Buy” Rating Reiterated at Berenberg Bank

Posted by on Aug 6th, 2026

Berenberg Bank restated their buy rating on shares of Shell (LON:SHEL – Free Report) in a report published on Monday morning, Marketbeat reports. The firm currently has a GBX 4,000 price objective on the stock.

A number of other research analysts have also issued reports on SHEL. Rothschild & Co Redburn lowered shares of Shell to a “neutral” rating in a research note on Thursday, April 9th. Jefferies Financial Group restated a “buy” rating and issued a GBX 4,500 price target on shares of Shell in a research note on Friday, July 31st. BNP Paribas Exane cut Shell from an “outperform” rating to a “neutral” rating in a report on Friday, April 17th. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 4,000 price objective on shares of Shell in a research report on Monday, July 27th. Finally, UBS Group reissued a “neutral” rating on shares of Shell in a report on Tuesday, June 16th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Shell presently has a consensus rating of “Moderate Buy” and an average price target of GBX 3,775.

Get Our Latest Analysis on SHEL

Shell Stock Down 1.2%

SHEL stock opened at GBX 3,280.50 on Monday. The company has a quick ratio of 0.86, a current ratio of 1.43 and a debt-to-equity ratio of 40.42. Shell has a fifty-two week low of GBX 2,553.77 and a fifty-two week high of GBX 3,758.50. The firm’s 50-day simple moving average is GBX 3,134.59 and its 200 day simple moving average is GBX 3,145.63. The stock has a market cap of £181.81 billion, a PE ratio of 10.22, a price-to-earnings-growth ratio of 2.50 and a beta of 0.43.

Insider Buying and Selling at Shell

In related news, insider Sinead Gorman sold 30,000 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of GBX 3,369, for a total value of £1,010,700. 0.05% of the stock is currently owned by corporate insiders.

Key Shell News

Here are the key news stories impacting Shell this week:

  • Positive Sentiment: Accelerated share repurchases support per-share value. Shell purchased additional shares for cancellation on August 4, following a reported cancellation of approximately 1.55 million shares on August 3. Reducing the share count can support earnings per share and signals management’s willingness to return capital to investors. Shell Steps Up Share Buy-Backs With Multivenue Purchases for Cancellation
  • Positive Sentiment: Berenberg maintained its Buy rating. The reaffirmation indicates the bank remains constructive on Shell’s valuation and business outlook, potentially helping underpin investor confidence. Berenberg Bank Reaffirms Buy Rating for Shell
  • Neutral Sentiment: Shell is committing further capital to maintain gas supplies for an LNG plant. The investment should help protect LNG output and strengthen Shell’s position in a core, cash-generating business, but it also raises near-term capital-spending requirements and execution risk. Shell commits next slab of capex to keep gas flowing to LNG plant
  • Negative Sentiment: CFO Sinead Gorman sold 30,000 shares worth about £1.01 million. Although an insider sale does not necessarily indicate a change in the company’s outlook, it can create a modest negative sentiment signal for investors. Shell CFO Sinead Gorman Disposes of £1 Million in Shell Shares
  • Negative Sentiment: Shell appointed a new low-carbon chief as its retreat from renewables continues. The strategic refocus toward oil, gas and LNG may improve returns and capital discipline, but it increases concerns about Shell’s energy-transition positioning and exposure to longer-term regulatory and reputational risks. Shell names new low-carbon chief as renewables retreat continues

Shell Company Profile

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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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