Shell plc (LON:SHEL) Receives GBX 3,350 Consensus PT from Analysts

Shares of Shell plc (LON:SHEL) have received a consensus rating of “Buy” from the six ratings firms that are covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a buy rating. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 3,350 ($41.66).

A number of research analysts have weighed in on SHEL shares. JPMorgan Chase & Co. lifted their price target on shares of Shell from GBX 3,200 ($39.80) to GBX 3,300 ($41.04) and gave the company an “overweight” rating in a research note on Tuesday, January 14th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,200 ($39.80) price objective on shares of Shell in a research report on Monday, December 16th.

Shell Stock Up 0.1 %

Shares of LON:SHEL opened at GBX 2,646.50 ($32.91) on Tuesday. The company has a 50 day moving average price of GBX 2,558.45 and a two-hundred day moving average price of GBX 2,601.57. The company has a market capitalization of £163.55 billion, a PE ratio of 1,230.93, a PEG ratio of 2.50 and a beta of 0.51. Shell has a 52 week low of GBX 2,374.50 ($29.53) and a 52 week high of GBX 2,961 ($36.82). The company has a debt-to-equity ratio of 40.32, a quick ratio of 0.87 and a current ratio of 1.41.

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.