Shell’s (SHEL) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank reiterated their buy rating on shares of Shell (LON:SHEL) in a research note published on Thursday morning,MarketScreener reports.

Several other research firms have also recently weighed in on SHEL. Royal Bank Of Canada cut their price target on shares of Shell from GBX 3,600 to GBX 3,200 and set a “sector perform” rating on the stock in a report on Monday, January 26th. UBS Group reissued a “neutral” rating and set a GBX 2,850 target price on shares of Shell in a research report on Friday, January 23rd. Barclays restated a “buy” rating on shares of Shell in a research note on Tuesday. Jefferies Financial Group reaffirmed a “buy” rating on shares of Shell in a report on Thursday. Finally, JPMorgan Chase & Co. increased their price target on Shell from GBX 3,100 to GBX 3,200 and gave the company an “overweight” rating in a research report on Friday, December 5th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 3,183.33.

Shell Stock Performance

LON SHEL opened at GBX 3,543.50 on Thursday. Shell has a 1 year low of GBX 2,269.92 and a 1 year high of GBX 3,592. The company has a debt-to-equity ratio of 59.97, a current ratio of 1.30 and a quick ratio of 0.87. The firm has a market cap of £199.61 billion, a price-to-earnings ratio of 11.81, a PEG ratio of 2.50 and a beta of 0.51. The company has a fifty day moving average price of GBX 3,093.51 and a 200-day moving average price of GBX 2,863.15.

Insider Activity

In other Shell news, insider Sinead Gorman purchased 15,841 shares of the stock in a transaction dated Thursday, February 26th. The shares were bought at an average price of GBX 3,011 per share, with a total value of £476,972.51. Also, insider Wael Sawan bought 23,980 shares of the stock in a transaction on Thursday, February 26th. The shares were acquired at an average cost of GBX 3,011 per share, for a total transaction of £722,037.80. Company insiders own 0.04% of the company’s stock.

Shell News Roundup

Here are the key news stories impacting Shell this week:

• Positive Sentiment: JPMorgan raised its price target to GBX 3,900 from GBX 3,600 and moved to an “overweight” rating, signaling stronger analyst conviction on Shell’s outlook and boosting investor sentiment. London Stock Exchange – Broker Ratings
• Positive Sentiment: Shell announced fresh share repurchases (858,749 shares purchased on 2 April 2026) for cancellation as part of its ongoing buyback programme — a direct capital‑return and EPS‑accretion driver. Shell Continues Share Buyback Programme With Fresh Repurchases for Cancellation
• Positive Sentiment: Regulatory filings confirm multi‑venue repurchases on 1 April 2026 (over 2.3 million shares) and the company’s transaction notices — reinforcing the ongoing, tangible buyback activity. Transaction in Own Shares (01 April)
• Positive Sentiment: Broker support remains steady with buy ratings reaffirmed by Berenberg, Jefferies and Barclays — signals that sell‑side view of fundamentals/cash returns remains constructive. MarketScreener – Berenberg keeps buy MarketScreener – Jefferies reiterates buy Barclays Reaffirms Buy
• Neutral Sentiment: Company updates on Q1 sales and revenue are under watch — results could reinforce or temper enthusiasm depending on commodity prices and downstream/margin performance. Shell Q1 sales and revenue update
• Neutral Sentiment: Reports say Shell is in advanced talks with Venezuela over gas areas — a potentially material long‑term development but with geopolitical and execution risks that temper immediate market impact. Exclusive: Shell in talks with Venezuela

Shell Company Profile

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.