Shell’s (SHEL) “Neutral” Rating Reiterated at UBS Group

Shell (LON:SHEL)‘s stock had its “neutral” rating reiterated by analysts at UBS Group in a note issued to investors on Tuesday,MarketScreener reports.

Other analysts have also recently issued reports about the stock. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Shell in a report on Friday, May 8th. Berenberg Bank decreased their price objective on shares of Shell from GBX 4,100 to GBX 4,000 and set a “buy” rating for the company in a report on Tuesday, May 12th. Royal Bank Of Canada reissued a “neutral” rating on shares of Shell in a research report on Wednesday, April 8th. BNP Paribas Exane lowered shares of Shell from an “outperform” rating to a “neutral” rating in a research note on Friday, April 17th. Finally, HSBC raised shares of Shell from a “hold” rating to a “buy” rating in a research report on Monday, May 18th. Six analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,949.

Shell Stock Down 0.5%

Shares of Shell stock traded down GBX 15.50 on Tuesday, hitting GBX 3,065. 330,223,375 shares of the company’s stock traded hands, compared to its average volume of 14,242,292. The stock has a market cap of £170.27 billion, a P/E ratio of 9.55, a PEG ratio of 2.50 and a beta of 0.43. The company has a quick ratio of 0.87, a current ratio of 1.27 and a debt-to-equity ratio of 43.58. The firm’s 50-day moving average is GBX 3,264.05 and its 200 day moving average is GBX 3,042.70. Shell has a 52-week low of GBX 2,498.96 and a 52-week high of GBX 3,758.50.

About Shell

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.