Shell (LON:SHEL) Stock Keeps Neutral Rating at UBS Group

UBS Group reaffirmed their neutral rating on shares of Shell (LON:SHEL) in a research note issued to investors on Friday morning.

SHEL has been the topic of several other reports. Royal Bank Of Canada reissued a “neutral” rating on shares of Shell in a research report on Thursday. Berenberg Bank restated a “buy” rating and issued a GBX 4,000 price target on shares of Shell in a report on Monday, August 3rd. JPMorgan Chase & Co. reduced their price objective on Shell from GBX 3,900 to GBX 3,600 and set an “overweight” rating on the stock in a research note on Friday, July 3rd. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 4,500 target price on shares of Shell in a research note on Tuesday, August 25th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Shell presently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,775.

Shell Stock Down 0.8%

SHEL stock opened at GBX 3,611 on Friday. The company has a market cap of £206.60 billion, a P/E ratio of 7.99, a P/E/G ratio of 2.50 and a beta of 0.43. Shell has a 52 week low of GBX 2,553.77 and a 52 week high of GBX 3,758.50. The company’s 50-day moving average price is GBX 3,407.44 and its 200 day moving average price is GBX 3,291.41. The company has a current ratio of 1.43, a quick ratio of 0.86 and a debt-to-equity ratio of 40.42.

Insider Activity at Shell

In related news, insider Sinead Gorman sold 30,000 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of GBX 3,369, for a total transaction of £1,010,700. Company insiders own 0.05% of the company’s stock.

Shell Company Profile

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.