<div id="readability-page-1"><p><span>Shell (NYSE:SHEL - Get Free Report)</span> had its target price lowered by research analysts at Scotiabank  from $75.00 to $70.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a &#34;sector outperform&#34; rating on the energy company's stock. Scotiabank's price objective indicates a potential upside of 12.82% from the company's previous close.</p><ul><li>Not Just China: 3 European Stocks Gaining Investor Interest</li></ul><p>SHEL has been the subject of several other reports. Barclays  reiterated an &#34;overweight&#34; rating on shares of Shell in a research note on Wednesday, March 26th. TD Securities  reiterated a &#34;buy&#34; rating on shares of Shell in a research note on Friday, April 4th. TD Cowen dropped their target price on shares of Shell from $82.00 to $76.00 and set a &#34;buy&#34; rating for the company in a research report on Tuesday. Wells Fargo &amp; Company decreased their price target on Shell from $87.00 to $83.00 and set an &#34;overweight&#34; rating for the company in a research note on Tuesday. Finally, Morgan Stanley upgraded Shell from an &#34;equal weight&#34; rating to an &#34;overweight&#34; rating and upped their price objective for the company from $66.50 to $79.80 in a research note on Tuesday, January 7th. One equities research analyst  has rated the stock with a hold rating, eleven have issued  a buy rating and two have issued  a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of &#34;Buy&#34; and a consensus price target of $77.73.</p><p><b>View Our Latest Stock Analysis on Shell</b></p><h2>Shell Stock Up 3.8 %</h2><ul><li>Big Dividend Hikes: 4 Large-Cap Stocks Increasing Payouts</li></ul><p>Shares of SHEL stock traded up $2.27 on Friday, hitting $62.05. The stock had a trading volume of 8,668,883 shares, compared to its average volume of 4,319,337. The stock's 50 day moving average is $67.66 and its 200-day moving average is $66.24. The firm has a market capitalization of $187.61 billion, a price-to-earnings ratio of 12.36, a P/E/G ratio of 0.98 and a beta of 0.27. Shell has a 52-week low of $58.55 and a 52-week high of $74.61. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.10 and a current ratio of 1.35. </p><p>Shell (NYSE:SHEL - Get Free Report) last announced its earnings results on Thursday, January 30th. The energy company reported $1.20 earnings per share for the quarter, missing the consensus estimate of $1.74 by ($0.54). Shell had a net margin of 5.57% and a return on equity of 12.75%.  As a group, research analysts expect that  Shell will post 7.67 earnings per share for the current year. </p><h2>Institutional Inflows and Outflows</h2><ul><li>Shell Stock: Oil &amp; Gas Giant Committed to Buybacks and Dividends</li></ul><p>Several institutional investors and hedge funds have recently bought and sold shares of SHEL. First Wilshire Securities Management Inc. grew its holdings in  Shell by 1.6% in the 4th quarter. First Wilshire Securities Management Inc. now owns 9,518 shares of the energy company's stock worth $596,000 after buying an additional 153 shares in the last quarter.  Foster Group Inc. increased its holdings in shares of  Shell by 5.0% during the fourth quarter. Foster Group Inc. now owns 3,393 shares of the energy company's stock valued at $213,000 after purchasing an additional 162 shares during the period.  Titleist Asset Management LLC raised its stake in shares of  Shell by 3.1% during the fourth quarter. Titleist Asset Management LLC now owns 5,526 shares of the energy company's stock valued at $346,000 after purchasing an additional 164 shares in the last quarter.  Warther Private Wealth LLC grew its position in  Shell by 5.5% in the 4th quarter. Warther Private Wealth LLC now owns 3,268 shares of the energy company's stock valued at $205,000 after buying an additional 169 shares in the last quarter.  Finally, Klingman &amp; Associates LLC raised its position in shares of  Shell by 5.2% during the 4th quarter. Klingman &amp; Associates LLC now owns 3,421 shares of the energy company's stock worth $214,000 after buying an additional 170 shares in the last quarter. Institutional investors own  28.60% of the company's stock. </p><h2>About Shell</h2> (Get Free Report)<p>Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.</p><h2>See Also</h2><ul><li>Five stocks we like better than Shell</li><li>What is Put Option Volume?</li><li>JPMorgan is a Buy, if You Can Handle The Volatility </li><li>What Are Dividend Achievers? An Introduction</li><li>United States Steel's Crash: An Unmissable Buying Opportunity</li><li>Mastering Discipline: Overcoming Emotional Challenges In Trading</li><li>Rocket Lab Stock: Weathering the Storm, Time for a Comeback?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNIRUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVNIRUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Shell Right Now?</h2><p>Before you consider Shell, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shell wasn't on the list.</p><p>While Shell currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SHEL.WI

SHEL

<p>Scotiabank has lowered its price target for Shell (NYSE:SHEL) from $75.00 to $70.00 while maintaining a "sector outperform" rating. This adjustment suggests a potential upside of 12.82% from Shell's previous close. Other analysts have varied opinions, with Barclays and TD Securities issuing buy ratings, while Morgan Stanley upgraded Shell's rating and increased its price target to $79.80. Currently, Shell's stock is trading at $62.05, reflecting a 3.8% increase.</p>

Scotiabank Has Lowered Expectations for Shell (NYSE:SHEL) Stock Price