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

Shares of Shell plc (LON:SHEL) have been given an average rating of “Buy” by the six analysts that are currently covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a buy rating. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 3,366.67 ($41.10).

Several analysts recently commented on SHEL shares. Jefferies Financial Group reissued a “buy” rating and set a GBX 3,200 ($39.07) target price on shares of Shell in a research note on Monday, December 16th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Shell in a research report on Tuesday, September 24th.

Shell Price Performance

Shares of Shell stock opened at GBX 2,665.56 ($32.54) on Friday. Shell has a 52 week low of GBX 2,345 ($28.63) and a 52 week high of GBX 2,961 ($36.15). The company has a current ratio of 1.41, a quick ratio of 0.87 and a debt-to-equity ratio of 40.32. The company’s 50-day moving average price is GBX 2,526.44 and its two-hundred day moving average price is GBX 2,622.77. The stock has a market cap of £164.73 billion, a PE ratio of 1,239.80, a price-to-earnings-growth ratio of 2.50 and a beta of 0.51.

Shell Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, November 14th were paid a dividend of $0.34 per share. The ex-dividend date was Thursday, November 14th. This represents a dividend yield of 1.06%. Shell’s dividend payout ratio (DPR) is 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.