Brokerages Set Shell plc (LON:SHEL) Target Price at GBX 3,366.67

Shares of Shell plc (LON:SHEL) have been given a consensus rating of “Buy” by the six research firms that are presently covering the stock, MarketBeat reports. Six research analysts have rated the stock with a buy recommendation. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 3,366.67 ($41.10).

SHEL has been the topic of several recent analyst reports. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Shell in a report on Tuesday, September 24th. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 3,200 ($39.07) price target on shares of Shell in a research report on Monday, December 16th.

Shell Trading Up 2.0 %

LON:SHEL opened at GBX 2,665.56 ($32.54) on Friday. The company’s 50 day moving average is GBX 2,526.44 and its 200-day moving average is GBX 2,622.77. The company has a quick ratio of 0.87, a current ratio of 1.41 and a debt-to-equity ratio of 40.32. Shell has a 12 month low of GBX 2,345 ($28.63) and a 12 month high of GBX 2,961 ($36.15). The firm has a market cap of £164.73 billion, a price-to-earnings ratio of 1,239.80, a P/E/G ratio of 2.50 and a beta of 0.51.

Shell Dividend Announcement

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