Shell plc (LON:SHEL) Given Average Rating of "Buy" by Analysts

Shares of Shell plc (LON:SHEL - Get Free Report) have received a consensus recommendation of "Buy" from the six research firms that are presently covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy rating. The average 1 year target price among analysts that have covered the stock in the last year is GBX 3,366.67 ($42.71).

Several analysts have weighed in on the company. Bank of America reaffirmed a "buy" rating and set a GBX 3,400 ($43.14) target price on shares of Shell in a research note on Wednesday, September 4th. Jefferies Financial Group restated a "buy" rating and set a GBX 3,200 ($40.60) price target on shares of Shell in a research report on Monday. Finally, JPMorgan Chase & Co. reiterated an "overweight" rating on shares of Shell in a report on Tuesday, September 24th.

Shell Stock Performance

LON SHEL traded down GBX 40 ($0.51) during trading hours on Monday, reaching GBX 2,458.50 ($31.19). The company's stock had a trading volume of 6,868,322 shares, compared to its average volume of 11,374,676. 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 business has a 50-day simple moving average of GBX 2,550.15 and a 200 day simple moving average of GBX 2,657.43. Shell has a 52 week low of GBX 2,345 ($29.75) and a 52 week high of GBX 2,961 ($37.57). The stock has a market cap of £151.94 billion, a PE ratio of 1,143.58, a PEG ratio of 2.50 and a beta of 0.51.

Shell Dividend Announcement

The firm also recently declared a dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, November 14th will be paid a dividend of $0.34 per share. The ex-dividend date is Thursday, November 14th. This represents a dividend yield of 1.06%. Shell's dividend payout ratio (DPR) is 4,883.72%.

About Shell

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.