Shares of Shell plc (LON:SHEL – Get Free Report) have been given a consensus rating of “Buy” by the six analysts that are presently covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a buy rating. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 3,212.57 ($40.63).
Several equities analysts have recently weighed in on the stock. Royal Bank of Canada restated an “outperform” rating and set a GBX 3,000 ($37.95) price objective on shares of Shell in a research report on Friday, May 3rd. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 3,500 ($44.27) price target on shares of Shell in a report on Wednesday. Barclays reiterated an “overweight” rating and set a GBX 3,800 ($48.06) price objective on shares of Shell in a research report on Friday, May 3rd. Finally, Bank of America restated a “buy” rating and issued a GBX 3,300 ($41.74) target price on shares of Shell in a report on Monday, April 22nd.
Read Our Latest Stock Analysis on SHEL
Shell Trading Down 0.0 %
Shell Announces Dividend
The firm also recently announced a dividend, which was paid on Monday, June 24th. Stockholders of record on Thursday, May 16th were given a $0.34 dividend. The ex-dividend date of this dividend was Thursday, May 16th. This represents a dividend yield of 0.98%. Shell’s dividend payout ratio (DPR) is presently 5,069.77%.
Shell Company Profile
Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.
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