Key Insights:
Shell (SHEL, Financial) stock has been on a steady rise, gaining 14% this year. Wall Street analysts forecast a moderate price increase with an “Outperform” status recommendation. GuruFocus estimates suggest a potential downside in Shell PLC’s stock value.
Shell (SHEL) stock has witnessed a notable 1.5% increase, reaching $72.51. This marks the company’s seventh consecutive day of gains, and it has experienced a nearly 6% rise over the past week alone. Year-to-date, Shell has outperformed the S&P 500 significantly, with a 14% increase compared to the benchmark’s 2.4% rise. A noteworthy aspect of Shell’s growth strategy is its ambitious plan to significantly ramp up its liquefied natural gas capacity by 2030.
Wall Street Analysts Forecast
Wall Street analysts have presented their one-year price targets for Shell PLC (SHEL, Financial), with the average target set at $75.91. This includes a high estimate of $90.00 and a low estimate of $39.07, indicating an expected upside of 4.65% from the current price of $72.54. For more in-depth projections, visit the Shell PLC (SHEL) Forecast page.
The consensus among 15 brokerage firms places Shell PLC’s (SHEL, Financial) average recommendation at 1.8, which indicates an “Outperform” status. The recommendation scale spans from 1 to 5, with 1 being Strong Buy and 5 being Sell, highlighting positive sentiment around Shell’s performance.
According to GuruFocus estimates, Shell PLC’s estimated GF Value in one year is $63.61, which implies a potential downside of 12.31% from the current price of $72.54. This GF Value represents GuruFocus’ fair value estimate based on historical trading multiples, past business growth, and future performance projections. Further detailed information can be accessed on the Shell PLC (SHEL, Financial) Summary page.