JPMorgan Chase & Co. reiterated their buy rating on shares of Shell (LON:SHEL – Free Report) in a research report released on Friday morning,MarketScreener reports.
A number of other research firms have also issued reports on SHEL. BNP Paribas Exane lowered shares of Shell from an “outperform” rating to a “neutral” rating in a research report on Friday, April 17th. Morgan Stanley downgraded shares of Shell to an “equal weight” rating in a report on Wednesday, March 25th. UBS Group reiterated a “neutral” rating and issued a GBX 3,850 price objective on shares of Shell in a research note on Tuesday. Rothschild & Co Redburn cut shares of Shell to a “neutral” rating in a report on Thursday, April 9th. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 44 target price on shares of Shell in a research report on Friday. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of GBX 2,824.
Read Our Latest Stock Analysis on SHEL
Shell Trading Down 1.1%
Insider Activity at Shell
In related news, insider Sinead Gorman purchased 15,841 shares of Shell stock in a transaction that occurred on Thursday, February 26th. The stock was bought at an average cost of GBX 3,011 per share, for a total transaction of £476,972.51. Also, insider Wael Sawan purchased 23,980 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was bought at an average cost of GBX 3,011 per share, with a total value of £722,037.80. 0.04% of the stock is currently owned by company insiders.
Key Headlines Impacting Shell
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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