Shell plc (LON:SHEL) Given Consensus Recommendation of “Buy” by Analysts

Shares of Shell plc (LON:SHEL) have been assigned an average rating of “Buy” from the six brokerages that are presently covering the firm, MarketBeat reports. Six research analysts have rated the stock with a buy rating. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 3,366.67 ($41.43).

SHEL has been the subject of a number of research reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,200 ($39.37) price objective on shares of Shell in a research note on Monday, December 16th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Shell in a research report on Tuesday, September 24th.

Shell Stock Performance

LON:SHEL opened at GBX 2,613.50 ($32.16) on Friday. The firm has a market capitalization of £161.51 billion, a price-to-earnings ratio of 1,215.58, a PEG ratio of 2.50 and a beta of 0.51. Shell has a 1-year low of GBX 2,345 ($28.85) and a 1-year high of GBX 2,961 ($36.43). The company has a debt-to-equity ratio of 40.32, a current ratio of 1.41 and a quick ratio of 0.87. The company’s 50-day moving average is GBX 2,522.23 and its two-hundred day moving average is GBX 2,624.61.

Shell Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, November 14th were paid a dividend of $0.34 per share. The ex-dividend date was Thursday, November 14th. This represents a dividend yield of 1.06%. Shell’s dividend payout ratio (DPR) is 4,883.72%.

About Shell

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.