Shell (SHEL) Stock Forecast & Price Target

GBX 2,556.97 -17.03 (-0.66%)

(As of 05:53 PM ET)

Shell - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy

Based on 5 Analyst Ratings

Sell
0

Hold
0

Buy
5

Based on 5 Wall Street analysts who have issued ratings for Shell in the last 12 months, the stock has a consensus rating of "Buy." Out of the 5 analysts, 5 have given a buy rating for SHEL.

Consensus Price Target

GBX 3,400

According to the 5 analysts' twelve-month price targets for Shell, the average price target is GBX 3,400. The highest price target for SHEL is GBX 3,800, while the lowest price target for SHEL is GBX 3,000. The average price target represents a forecasted upside of 32.97% from the current price of GBX 2,556.97.

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SHEL Analyst Ratings Over Time

Type	Current Forecast 11/27/23 to 11/26/24	1 Month Ago 10/28/23 to 10/27/24	3 Months Ago 8/29/23 to 8/28/24	1 Year Ago 11/27/22 to 11/27/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	2 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	7 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	GBX 3,400	GBX 3,400	GBX 3,400	GBX 2,999.36
Consensus Rating	Buy	Buy	Buy	Buy

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SHEL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

SHEL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Shell Stock vs. The Competition

Type	Shell	Energy Companies
Consensus Rating Score	3.00	2.80
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent SHEL News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
9/24/2024	JPMorgan Chase & Co. 3 of 5 stars	Reiterated Rating	Overweight
9/4/2024	Bank of America 4 of 5 stars	Reiterated Rating	Buy	GBX 3,400	+31.10%
7/9/2024	Berenberg Bank 2 of 5 stars	Reiterated Rating	Buy	GBX 3,400	+20.18%
5/3/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform	GBX 3,000	+4.64%
5/3/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight	GBX 3,800	+32.54%
8/9/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		GBX 2,570 ➝ GBX 2,670	+10.67%
Get the Latest News and Ratings for SHEL and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Shell and its competitors with MarketBeat's FREE daily newsletter.
7/10/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	GBX 2,907 ➝ GBX 3,268	+41.63%
6/19/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		GBX 2,750 ➝ GBX 2,800	+19.41%
5/17/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	GBX 3,000	+25.50%
3/21/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Overweight	GBX 2,625 ➝ GBX 2,405	+4.20%
2/7/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Top Pick

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 02:45 PM ET.

Should I Buy Shell Stock? SHEL Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, November 22, 2024. Please send any questions or comments about these Shell pros and cons to contact@marketbeat.com.

Shell
Bull Case

Here are some ways that investors could benefit from investing in Shell plc:

Shell plc recently announced a quarterly dividend of $0.688 per share, which translates to an annualized dividend of $2.75. This provides a dividend yield of approximately 4.12%, making it an attractive option for income-focused investors.
The stock has a consensus rating of "Buy" from analysts, indicating positive sentiment and potential for price appreciation. The average price target is set at $82.00, suggesting significant upside from the current trading price of $67.06.
Shell plc has a relatively low debt-to-equity ratio of 0.34, indicating a strong balance sheet and lower financial risk. This can be appealing to investors looking for stability in their investments.
The company operates across multiple segments, including Integrated Gas, Upstream, and Renewables, which diversifies its revenue streams and reduces reliance on any single market segment.
Recent upgrades from several brokerages, including a "strong-buy" rating from Berenberg Bank and Barclays, reflect growing confidence in Shell plc's future performance and market position.

Shell
Bear Case

Investors should be bearish about investing in Shell plc for these reasons:

Despite the positive outlook, Shell plc's stock has experienced volatility, with a twelve-month low of $60.34 and a high of $74.61, indicating potential risks associated with price fluctuations.
The company has a price-to-earnings (P/E) ratio of 13.80, which, while not excessively high, may suggest that the stock is fairly valued compared to its earnings, limiting immediate upside potential.
Shell plc's PEG ratio of 2.02 indicates that the stock may be overvalued relative to its earnings growth rate, which could deter growth-oriented investors.
Analysts have mixed ratings, with three giving a hold rating, which may signal uncertainty about the stock's short-term performance.
The energy sector is subject to regulatory changes and market volatility, which can impact Shell plc's operations and profitability, posing risks for investors.

SHEL Forecast - Frequently Asked Questions

: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Shell is GBX 3,400, with a high forecast of GBX 3,800 and a low forecast of GBX 3,000.
: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shell in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SHEL shares.
: According to analysts, Shell's stock has a predicted upside of 32.97% based on their 12-month stock forecasts.
: Shell has been rated by research analysts at Bank of America, and JPMorgan Chase & Co. in the past 90 days.
: Analysts like Shell more than other "energy" companies. The consensus rating for Shell is Buy while the average consensus rating for "energy" companies is Moderate Buy. Learn more on how SHEL compares to other companies.

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This page (LON:SHEL) was last updated on 11/26/2024 by MarketBeat.com Staff

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Shell (SHEL) Stock Forecast & Price Target