Shell (LON:SHEL) Stock Keeps “Neutral” Rating at UBS Group

Shell (LON:SHEL – Get Free Report)‘s stock had its “neutral” rating reissued by UBS Group in a research report issued to clients and investors on Friday.

A number of other equities analysts also recently issued reports on SHEL. JPMorgan Chase & Co. cut their price target on shares of Shell from GBX 3,900 to GBX 3,600 and set an “overweight” rating for the company in a report on Friday, July 3rd. Berenberg Bank restated a “buy” rating and issued a GBX 4,000 price target on shares of Shell in a research report on Monday, August 3rd. Royal Bank Of Canada restated a “neutral” rating on shares of Shell in a research report on Thursday. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 4,500 price target on shares of Shell in a report on Tuesday, August 25th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,775.

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Shell Stock Performance

Shares of SHEL opened at GBX 3,611 on Friday. The stock has a market capitalization of £206.60 billion, a P/E ratio of 7.99, a P/E/G ratio of 2.50 and a beta of 0.43. The company’s fifty day moving average is GBX 3,407.44 and its two-hundred day moving average is GBX 3,291.41. The company has a debt-to-equity ratio of 40.42, a quick ratio of 0.86 and a current ratio of 1.43. Shell has a 1 year low of GBX 2,553.77 and a 1 year high of GBX 3,758.50.

Insiders Place Their Bets

In other Shell 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 owned by corporate insiders.

About Shell

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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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