Shell plc (LON:SHEL) Receives GBX 3,366.67 Average Target Price from Analysts

Shares of Shell plc (LON:SHEL) have been assigned a consensus rating of “Buy” from the six research firms that are presently covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a buy recommendation. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 3,366.67 ($42.31).

Several research analysts recently issued reports on SHEL shares. Jefferies Financial Group reiterated a “buy” rating and set a GBX 3,200 ($40.22) price target on shares of Shell in a research report on Monday, December 16th. Bank of America reissued a “buy” rating and set a GBX 3,400 ($42.73) price target on shares of Shell in a research note on Wednesday, September 4th. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Shell in a research report on Tuesday, September 24th.

Shell Stock Performance

LON SHEL opened at GBX 2,394.50 ($30.09) on Monday. Shell has a twelve month low of GBX 2,345 ($29.47) and a twelve month high of GBX 2,961 ($37.21). 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 stock has a market cap of £147.98 billion, a P/E ratio of 1,113.72, a PEG ratio of 2.50 and a beta of 0.51. The company’s 50-day simple moving average is GBX 2,532.36 and its 200 day simple moving average is GBX 2,645.34.

Shell Announces Dividend

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

Shell Company Profile

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.