Shell plc

SHEL

GB00BP6MXD84

Integrated Oil & Gas

Market Closed - London S.E. Other stock markets 11:35:28 2024-04-29 am EDT			5-day change	1st Jan Change
2,888 ^GBX	-0.55%		+1.28%	+12.29%

Apr. 29	Global upstream sector set for deals worth $150 bln over rest of 2024, report says	RE
Apr. 29	The US listing siren call that echoes among valuation-frustrated European Oils

Exane BNP raises Shell to 'outperform'

April 10, 2024 at 04:02 am EDT

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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FTSE 100

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Exane BNP raises Shell to 'outperform' (neutral) - price target 3,250 (2,900) pence

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Deutsche Bank cuts Haleon price target to 345 (350) pence - 'hold'

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Barclays raises Lloyds price target to 70 (65) pence - 'overweight'

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JPMorgan cuts M&G price target to 225 (235) pence - 'neutral'

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JPMorgan raises Phoenix Group price target to 525 (445) pence - 'underweight'

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Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
FTSE 100	8,147 PTS	+0.09%	+1.53%	-
SHELL PLC	2,888 GBX	-0.55%	+1.28%	232B
S&P UNITED KINGDOM (PDS)	1,652 PTS	+0.11%	+1.69%	-
MSCI UNITED KINGDOM (STRD)	1,222 USD	+0.79%	+3.47%	-
PHOENIX GROUP HOLDINGS PLC	493.8 GBX	+1.81%	+2.62%	6.03B
HALEON PLC	331.3 GBX	-0.93%	+1.69%	38.04B
BARCLAYS PLC	203.6 GBX	-0.34%	+9.58%	38.15B
M&G PLC	199.4 GBX	0.00%	-0.25%	5.81B
LLOYDS BANKING GROUP PLC	51.88 GBX	-0.80%	+1.89%	41.16B
DEUTSCHE BANK AG	15.1 EUR	-8.64%	+1.00%	34.79B
PHOENIX GROUP PLC	2.14 AED	-3.17%	+1.90%	3.64B

Latest news about Shell plc

Global upstream sector set for deals worth $150 bln over rest of 2024, report says	Apr. 29	RE
The US listing siren call that echoes among valuation-frustrated European Oils	Apr. 29
European Equities Close Mixed in Monday Trading; Economic Sentiment Falls in April; Lawsuit Dents Deutsche Bank Shares	Apr. 29	MT
Nigeria's regulator begins evaluation of Shell's onshore divestment in Niger Delta region	Apr. 29	RE
Reliance buys its first Canadian crude from Trans Mountain pipeline, sources say	Apr. 29	RE
Shell Earns $1 Billion Annually in Crude Oil Trading, Court Documents Show	Apr. 29	MT
Big tech saves the day, again	Apr. 29
Namibia's NAMCOR signs deal with Chevron to develop offshore block	Apr. 29	RE
Shell earns $1 billion a year from US crude trading, court filing shows	Apr. 29	RE
Shell Completes Turnaround at 404,000 b/d Pernis Rotterdam Refinery -- OPIS	Apr. 25	DJ
Shell: EU green light for three-way joint venture	Apr. 25	CF
Camellia finance chief to stand down at AGM in June, names successor	Apr. 25	AN
EU Commission OKs Equinor, Shell, TotalEnergies' Northern Lights JV	Apr. 25	MT
Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan	Apr. 24	RE
SHELL (NEU) : JP Morgan reaffirms its Buy rating	Apr. 24	ZD
Sector Update: Energy Stocks Advance in Tuesday Afternoon Trading	Apr. 23	MT
Top Midday Stories: Shares of GE, Novartis, Danaher and Philip Morris Up Post-Earnings; Pepsi Stock Down Post-Earnings; Apple iPhone China Sales Drop 19%; Trump Poised for Windfall From Media Company Stock	Apr. 23	MT
Nigeria's NNPC resumes Awoba oil output, targeting 12,000 bpd	Apr. 23	RE
Sector Update: Energy Stocks Decline Pre-Bell Tuesday	Apr. 23	MT
Shell, TotalEnergies in Talks to Buy Stakes in Abu Dhabi National Oil LNG Plant	Apr. 23	MT
Shell, TotalEnergies in Talks to Buy Stakes in Large Adnoc LNG Project, Bloomberg Reports	Apr. 23	DJ
Adnoc's LNG Export Project in UAE Said to Attract Shell, TotalEnergies	Apr. 23	MT
Adnoc's LNG Export Project in UAE Said to Attract Shell, TotalEnergies	Apr. 23	MT
Mitsui says no decision yet on ADNOC LNG project tie-up after Nikkei report	Apr. 23	RE
Adnoc's LNG Export Project in UAE Said to Attract Shell, TotalEnergies	Apr. 23	MT

Shell plc specializes in oil and natural gas production and distribution. Net sales break down by activity as follows: - refining of crude oil (37.9%): owns, at the end of 2022, 8 refineries worldwide. The group is also involved in manufacturing of chemical and petrochemical products (olefins, aromatic products, solvents, ethylenes, propylenes, phenols, additives, etc.); - marketing of petroleum products (31.6%): operation of a network of more than 46,000 service stations worldwide; - production of liquefied natural gas (14.4%) ; - production of electricity from renewable sources (13.9%); - crude oil and natural gas exploration and production (2.2%). Net sales are distributed geographically as follows: Europe (35.7%), Asia/Oceania/Africa (33.2%), the United States (22.8%) and America (8.3%).

Sector

Integrated Oil & Gas

Calendar

2024-05-02 - Q1 2024 Earnings Release

Related indices

STOXX EUROPE 600 (EUR) , FTSE 100 , AEX

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

The US listing siren call that echoes among valuation-frustrated European Oils

April 29, 2024 at 01:09 pm EDT

More Strategies

Ratings for Shell plc

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

36.17 USD

Average target price

39.28 USD

Spread / Average Target

+8.63%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Integrated Oil & Gas

	1st Jan change	Capi.
SHELL PLC	+12.29%	232B
SAUDI ARABIAN OIL COMPANY	-8.79%	1,945B
EXXON MOBIL CORPORATION	+19.66%	465B
PETROCHINA COMPANY LIMITED	+41.47%	259B
TOTALENERGIES SE	+12.42%	172B
PETROBRAS	+13.18%	108B
ENI S.P.A	-0.48%	52.04B
GAZPROM	-.--%	50.84B
SUNCOR ENERGY INC.	+27.80%	50.66B
CENOVUS ENERGY INC.	+33.29%	39.95B