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Written by Emily J. Thompson, Senior Investment Analyst

SHEL+1.84%

Source: Investing.com

Updated: Apr 12 2024

0mins

Source: Investing.com

SHEL

$73.75+Infinity%1D

Analyst Views on SHEL

Wall Street analysts forecast SHEL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SHEL is 74.27 USD with a low forecast of 41.75 USD and a high forecast of 91.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

10 Analyst Rating

5 Buy

5 Hold

0 Sell

Moderate Buy

Current: 72.420

Low

41.75

Averages

74.27

High

91.00

Current: 72.420

Low

41.75

Averages

74.27

High

91.00

Piper Sandler

Overweight

maintain

$90 -> $92

2026-01-08

Reason

Piper Sandler

Price Target

$90 -> $92

AI Analysis

2026-01-08

maintain

Overweight

Reason

Piper Sandler raised the firm's price target on Shell to $92 from $90 and keeps an Overweight rating on the shares. The firm says that entering 2026, while the chairs have shuffled around a bit, the song remains similar to twelve months ago - a bearish crude outlook that is likely to make it difficult for the sector to outperform the broader market. On the flip side, Piper sees the refining market as even better than 2025, driven by what it expects to be incrementally tighter S/D and crude differential tailwinds.

Jefferies

Buy

maintain

2026-01-07

Reason

Jefferies

Price Target

2026-01-07

maintain

Buy

Reason

Jefferies raised the firm's price target on Shell to 3,400 GBp from 3,200 GBp and keeps a Buy rating on the shares. The firm noted that Wael Sawan started as Shell CEO on January 1, 2023, and in the three years since, two clear capital allocation trends stand out: lower costs and higher shareholder returns. Shell's global LNG demand growth expectations have also increased, underpinning higher 2030 growth targets for an LNG business seen as a key differentiator, the analyst tells investors in a research note.

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Morgan Stanley

Overweight

downgrade

2026-01-06

Reason

Morgan Stanley

Price Target

2026-01-06

downgrade

Overweight

Reason

Morgan Stanley lowered the firm's price target on Shell to 2,811 GBp from 3,007 GBp and keeps an Overweight rating on the shares.

JPMorgan

NULL -> Overweight

maintain

2025-12-05

Reason

JPMorgan

Price Target

2025-12-05

maintain

NULL -> Overweight

Reason

JPMorgan raised the firm's price target on Shell to 3,200 GBp from 3,100 GBp and keeps an Overweight rating on the shares. The firm also removed Shell from its Analyst Focus List. The stock remains a top pick for JPMorgan in European oils.

About SHEL

Shell plc is an international energy company engaged in the principal aspects of the energy and petrochemical industries. The Company's segments include Integrated Gas, Upstream, Marketing, Chemicals and Products, Renewables and Energy Solutions, and Corporate. The Integrated Gas segment includes liquefied natural gas (LNG), conversion of natural gas into gas-to-liquids (GTL) fuels and other products. It includes natural gas and liquids exploration and extraction, and the operation of the upstream and midstream infrastructure. The Upstream segment includes exploration and extraction of crude oil, natural gas and natural gas liquids. It also markets and transports oil and gas and operates the infrastructure necessary to deliver them to the market. The Marketing segment comprises the Mobility, Lubricants, and Sectors & Decarbonization businesses. The Chemicals and Products segment includes chemicals manufacturing plants with their own marketing network, and refineries.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.