$71.95
0.21[0.29%]
At close: May 17
$71.95
0[0.00%]
After Hours: 5:56PM EDT
Shell Stock (NYSE:SHEL), Analyst Ratings, Price Targets, Predictions
Shell PLC has a consensus price target of $70.33, established from looking at the 19 latest analyst ratings. The last 3 analyst ratings were released from Wells Fargo, Piper Sandler, and Scotiabank on May 3, 2024, April 18, 2024, and April 11, 2024. With an average price target of $90.33 between Wells Fargo, Piper Sandler, and Scotiabank, there's an implied 25.55% upside for Shell PLC from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Wells Fargo
Piper Sandler
Scotiabank
Goldman Sachs
Wolfe Research
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Shell
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/03/2024 | Buy Now | 26.48% | Wells Fargo | Roger Read | $88 → $91 | Maintains | Overweight | Get Alert |
| 04/18/2024 | Buy Now | 18.14% | Piper Sandler | Ryan Todd | $76 → $85 | Maintains | Overweight | Get Alert |
| 04/11/2024 | Buy Now | 32.04% | Scotiabank | Paul Cheng | $74 → $95 | Maintains | Sector Outperform | Get Alert |
| 03/14/2024 | Buy Now | 5.63% | Piper Sandler | Ryan Todd | $75 → $76 | Maintains | Overweight | Get Alert |
| 06/15/2023 | Buy Now | 7.02% | Wells Fargo | Roger Read | $74 → $77 | Maintains | Overweight | Get Alert |
| 06/13/2023 | Buy Now | -6.88% | Piper Sandler | Ryan Todd | $75 → $67 | Maintains | Overweight | Get Alert |
| 05/18/2023 | Buy Now | 4.24% | Piper Sandler | Ryan Todd | $77 → $75 | Maintains | Overweight | Get Alert |
| 04/20/2023 | Buy Now | 7.02% | Piper Sandler | Ryan Todd | $75 → $77 | Maintains | Overweight | Get Alert |
| 02/27/2023 | Buy Now | 18.14% | Goldman Sachs | Michele Della Vigna | $74 → $85 | Upgrade | Neutral → Buy | Get Alert |
| 01/12/2023 | Buy Now | — | Wolfe Research | Sam Margolin | — | Downgrade | Outperform → Peer Perform | Get Alert |
| 01/10/2023 | Buy Now | -6.88% | Wells Fargo | Roger Read | $66 → $67 | Maintains | Overweight | Get Alert |
| 12/19/2022 | Buy Now | -2.71% | Piper Sandler | Ryan Todd | $71 → $70 | Maintains | Overweight | Get Alert |
| 11/11/2022 | Buy Now | -1.32% | Piper Sandler | Ryan Todd | $65 → $71 | Maintains | Overweight | Get Alert |
| 11/07/2022 | Buy Now | 5.63% | Goldman Sachs | Michele Della Vigna | $79 → $76 | Downgrade | Buy → Neutral | Get Alert |
| 10/28/2022 | Buy Now | -8.27% | Wells Fargo | Roger Read | $65 → $66 | Maintains | Overweight | Get Alert |
| 09/12/2022 | Buy Now | 11.19% | Piper Sandler | Ryan Todd | $75 → $80 | Maintains | Overweight | Get Alert |
| 07/19/2022 | Buy Now | 4.24% | Piper Sandler | Ryan Todd | $69 → $75 | Maintains | Overweight | Get Alert |
| 03/11/2022 | Buy Now | -5.49% | Wells Fargo | Roger Read | $63 → $68 | Maintains | Overweight | Get Alert |
| 02/04/2022 | Buy Now | -8.27% | B of A Securities | Christopher Kuplent | → $66 | Initiates | → Buy | Get Alert |
FAQ
What is the target price for Shell (SHEL)?
The latest price target for Shell (NYSE: SHEL) was reported by Wells Fargo on May 3, 2024. The analyst firm set a price target for $91.00 expecting SHEL to rise to within 12 months (a possible 26.48% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Shell (SHEL)?
The latest analyst rating for Shell (NYSE: SHEL) was provided by Wells Fargo, and Shell maintained their overweight rating.
When was the last upgrade for Shell (SHEL)?
The last upgrade for Shell PLC happened on February 27, 2023 when Goldman Sachs raised their price target to $85. Goldman Sachs previously had a neutral for Shell PLC.
When was the last downgrade for Shell (SHEL)?
The last downgrade for Shell PLC happened on January 12, 2023 when Wolfe Research changed their price target from N/A to N/A for Shell PLC.
When is the next analyst rating going to be posted or updated for Shell (SHEL)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Shell, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Shell was filed on May 3, 2024 so you should expect the next rating to be made available sometime around May 3, 2025.
Is the Analyst Rating Shell (SHEL) correct?
While ratings are subjective and will change, the latest Shell (SHEL) rating was a maintained with a price target of $88.00 to $91.00. The current price Shell (SHEL) is trading at is $71.95, which is out of the analyst’s predicted range.
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