Shell (SHEL) – Analysts’ Weekly Ratings Changes

Several analysts have recently updated their ratings and price targets for Shell (LON: SHEL):

• 11/17/2025 – Shell had its price target raised by analysts at Jefferies Financial Group Inc. from GBX 3,000 to GBX 3,200. They now have a “buy” rating on the stock.
• 11/3/2025 – Shell had its price target raised by analysts at Citigroup Inc. from GBX 2,650 to GBX 2,700. They now have a “neutral” rating on the stock.
• 11/3/2025 – Shell had its price target raised by analysts at Berenberg Bank from GBX 3,000 to GBX 3,250. They now have a “buy” rating on the stock.
• 10/31/2025 – Shell had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co..
• 10/30/2025 – Shell had its “outperform” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a GBX 3,600 price target on the stock.

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.