Shell’s (SHEL) Buy Rating Reaffirmed at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Shell (LON:SHEL) in a research report sent to investors on Friday,Digital Look reports. The brokerage currently has a GBX 4,500 price objective on the stock.

A number of other equities analysts have also commented on SHEL. Royal Bank Of Canada restated a “neutral” rating on shares of Shell in a research report on Thursday, September 24th. UBS Group reaffirmed a “neutral” rating on shares of Shell in a report on Friday, September 25th. JPMorgan Chase & Co. cut their target price on shares of Shell from GBX 3,900 to GBX 3,600 and set an “overweight” rating for the company in a research note on Friday, July 3rd. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 4,000 target price on shares of Shell in a report on Monday, August 3rd. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 3,775.

Shell Trading Up 0.3%

Shares of Shell stock opened at GBX 4,049 on Friday. The stock has a market capitalization of £230.70 billion, a P/E ratio of 8.96, a price-to-earnings-growth ratio of 2.50 and a beta of 0.43. The company has a quick ratio of 0.86, a current ratio of 1.38 and a debt-to-equity ratio of 38.34. The company has a 50-day simple moving average of GBX 3,655.56 and a 200 day simple moving average of GBX 3,280.81. Shell has a 12-month low of GBX 2,553.77 and a 12-month high of GBX 4,110.

Trending Headlines about Shell

Here are the key news stories impacting Shell this week:

• Positive Sentiment: Shell reported approximately $10.8 billion in quarterly profit, its strongest result since 2022 and among its best ever, helped by record refining margins, higher oil prices and strong operating performance. Shell profits nearly double
• Positive Sentiment: The company launched a $5 billion share-repurchase program running for roughly three months. Buybacks should reduce shares outstanding and support earnings per share, signaling confidence in Shell’s cash generation. Shell also declared a quarterly dividend of $0.3906 per ordinary share. Shell buyback announcement
• Positive Sentiment: Jefferies reaffirmed its “buy” rating and set a GBX 4,500 price target. RBC and UBS also raised their targets, although they left their ratings unchanged, providing additional support for the investment case. Shell analyst target changes
• Neutral Sentiment: Shell published its 2027 interim-dividend timetable, offering visibility on future shareholder distributions but no change to the dividend amount was indicated. Shell 2027 dividend timetable
• Negative Sentiment: Soaring freight rates added roughly $5.4 billion to shipping lease costs, increasing balance-sheet pressure and highlighting exposure to volatile logistics markets. Freight rates and Shell debt
• Negative Sentiment: A $1.9 billion writedown and warnings that unusually strong refining results may not persist temper the earnings beat. Investors may therefore view part of the profit surge as cyclical rather than repeatable. Shell Q3 writedown

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.