Jefferies Financial Group restated their buy rating on shares of Shell (LON:SHEL – Free Report) in a report issued on Friday morning,Digital Look reports. Jefferies Financial Group currently has a GBX 44 target price on the stock.
A number of other equities research analysts also recently issued reports on SHEL. Royal Bank Of Canada restated a “neutral” rating on shares of Shell in a research note on Wednesday, April 8th. Berenberg Bank reiterated a “buy” rating on shares of Shell in a research note on Thursday, April 2nd. BNP Paribas Exane downgraded shares of Shell from an “outperform” rating to a “neutral” rating in a report on Friday, April 17th. JPMorgan Chase & Co. restated a “buy” rating on shares of Shell in a research report on Tuesday, April 21st. Finally, Morgan Stanley cut shares of Shell to an “equal weight” rating in a report on Wednesday, March 25th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Shell presently has a consensus rating of “Hold” and an average price target of GBX 2,824.
Read Our Latest Stock Analysis on Shell
Shell Stock Down 1.1%
Insider Transactions at Shell
In related news, insider Wael Sawan acquired 23,980 shares of the stock in a transaction dated Thursday, February 26th. The shares were purchased at an average cost of GBX 3,011 per share, with a total value of £722,037.80. Also, insider Sinead Gorman acquired 15,841 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The shares were bought at an average price of GBX 3,011 per share, with a total value of £476,972.51. Corporate insiders own 0.04% of the company’s stock.
Key Shell News
Here are the key news stories impacting Shell this week:
- Positive Sentiment: Shell reported strong Q1 results, with profits boosted by higher oil prices and volatile trading conditions linked to the Iran war, signaling resilient earnings power in a turbulent market. Shell (SHEL) beats first-quarter earnings estimates, reduces share buyback pace
- Positive Sentiment: The company launched a new $3 billion share buyback and repurchased 1.23 million shares, reinforcing capital returns to shareholders and supporting the stock. Shell Repurchases 1.23 Million Shares Under Ongoing Buy-Back Programme
- Positive Sentiment: Shell also declared an interim dividend for Q1 2026, adding another shareholder-friendly catalyst. Shell plc First Quarter 2026 Interim Dividend
- Positive Sentiment: Multiple major brokers, including Goldman Sachs, JPMorgan, Barclays, and Jefferies, reaffirmed Shell as a buy, which can help reinforce investor confidence. Shell neu Goldman Sachs reaffirms its buy rating
- Neutral Sentiment: Shell’s CEO warned the world faces a large crude shortage and said the recovery path will be long, underscoring a potentially tighter oil market ahead. Shell CEO flags ~1B barrel crude shortage
- Negative Sentiment: Despite the earnings beat, Shell also warned that the Middle East conflict could lower production and reduce the boost from current oil-market volatility, which may temper enthusiasm for the shares. Shell’s earnings surge, but warns of lower production due to Middle East conflict
About Shell
Shell is a global group of energy and petrochemical companies. Shell’s strategy is to deliver more value with less emissions as we work to become a net-zero emissions business by 2050.
As we navigate the energy transition through the next decade, we will leverage our global footprint, the trust in our brand, and our innovation and technology capabilities to be the energy company that customers and countries choose to be their partner. We are positioning Shell to become the investment case and partner of choice through the energy transition.
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