Shell plc (LON:SHEL) Receives Average Rating of “Buy” from Analysts

by · The Markets Daily

Shell plc (LON:SHEL – Get Free Report) has been assigned an average rating of “Buy” from the six analysts that are presently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a buy recommendation. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 3,366.67 ($42.32).

A number of equities analysts have issued reports on SHEL shares. Bank of America reissued a “buy” rating and issued a GBX 3,400 ($42.74) target price on shares of Shell in a report on Wednesday, September 4th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,200 ($40.22) target price on shares of Shell in a report on Monday, December 16th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Shell in a report on Tuesday, September 24th.

View Our Latest Analysis on SHEL

Shell Stock Performance

Shares of LON SHEL opened at GBX 2,391.35 ($30.06) on Monday. The company has a quick ratio of 0.87, a current ratio of 1.41 and a debt-to-equity ratio of 40.32. The firm’s 50-day moving average price is GBX 2,532.36 and its two-hundred day moving average price is GBX 2,644.39. Shell has a 52-week low of GBX 2,345 ($29.47) and a 52-week high of GBX 2,961 ($37.22). The stock has a market capitalization of £147.79 billion, a P/E ratio of 1,112.26, a P/E/G ratio of 2.50 and a beta of 0.51.

Shell Announces Dividend

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

Shell Company Profile

(Get Free Report

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.

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