Shell plc (LON:SHEL - Get Free Report) traded down 0.1% on Monday . The company traded as low as GBX 2,715.50 ($35.15) and last traded at GBX 2,725 ($35.27). 5,366,628 shares were traded during mid-day trading, a decline of 46% from the average session volume of 9,986,133 shares. The stock had previously closed at GBX 2,727 ($35.30).
Wall Street Analysts Forecast Growth
SHEL has been the topic of several recent research reports. Berenberg Bank reissued a "buy" rating and issued a GBX 3,250 ($42.07) price target on shares of Shell in a research note on Wednesday, February 19th. JPMorgan Chase & Co. boosted their target price on Shell from GBX 3,200 ($41.42) to GBX 3,300 ($42.71) and gave the company an "overweight" rating in a research note on Tuesday, January 14th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 3,200 ($41.42) price target on shares of Shell in a research note on Monday, December 16th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of GBX 3,325 ($43.04).
View Our Latest Report on SHEL
Shell Trading Down 1.0 %
The company has a market cap of £210.40 billion, a P/E ratio of 13.92, a PEG ratio of 2.50 and a beta of 0.51. The business has a 50 day moving average price of GBX 2,657.75 and a 200-day moving average price of GBX 2,580.45.
Insiders Place Their Bets
In other Shell news, insider Wael Sawan purchased 29,479 shares of Shell stock in a transaction that occurred on Wednesday, February 26th. The stock was acquired at an average price of GBX 2,630 ($34.04) per share, for a total transaction of £775,297.70 ($1,003,491.72). Insiders own 0.07% of the company's stock.
About Shell
(
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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.
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