Shell PLC has a consensus price target of $80.5 based on the ratings of 8 analysts. The high is $88 issued by Wells Fargo on October 8, 2024. The low is $66 issued by B of A Securities on February 4, 2022. The 3 most-recent analyst ratings were released by Scotiabank, Wells Fargo, and Wells Fargo on October 10, 2024, October 8, 2024, and September 27, 2024, respectively. With an average price target of $84 between Scotiabank, Wells Fargo, and Wells Fargo, there's an implied 26.73% upside for Shell PLC from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Shell (NYSE:SHEL) was reported by Scotiabank on October 10, 2024. The analyst firm set a price target for $80.00 expecting SHEL to rise to within 12 months (a possible 20.69% upside). 11 analyst firms have reported ratings in the last year.
The latest analyst rating for Shell (NYSE:SHEL) was provided by Scotiabank, and Shell maintained their sector outperform rating.
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.
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.
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 October 10, 2024 so you should expect the next rating to be made available sometime around October 10, 2025.
While ratings are subjective and will change, the latest Shell (SHEL) rating was a maintained with a price target of $90.00 to $80.00. The current price Shell (SHEL) is trading at is $66.29, which is out of the analyst’s predicted range.
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