Shell (LON:SHEL) Given Neutral Rating at UBS Group

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

Several other equities analysts have also weighed in on SHEL. Morgan Stanley lowered shares of Shell to an “equal weight” rating in a report on Wednesday, March 25th. Berenberg Bank lowered their price target on Shell from GBX 4,100 to GBX 4,000 and set a “buy” rating for the company in a report on Tuesday, May 12th. Barclays reissued a “buy” rating on shares of Shell in a research report on Thursday, May 7th. The Goldman Sachs Group restated a “buy” rating on shares of Shell in a research note on Friday, May 8th. Finally, Rothschild & Co Redburn downgraded Shell to a “neutral” rating in a research report on Thursday, April 9th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, Shell presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,949.

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Shell Trading Down 0.5%

SHEL traded down GBX 15.50 during trading on Tuesday, hitting GBX 3,065. 330,223,375 shares of the company’s stock were exchanged, compared to its average volume of 14,242,292. The company has a current ratio of 1.27, a quick ratio of 0.87 and a debt-to-equity ratio of 43.58. Shell has a 1 year low of GBX 2,498.96 and a 1 year high of GBX 3,758.50. The stock has a 50 day moving average price of GBX 3,264.05 and a 200 day moving average price of GBX 3,042.70. The firm has a market cap of £170.27 billion, a P/E ratio of 9.55, a price-to-earnings-growth ratio of 2.50 and a beta of 0.43.

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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