Jefferies Sticks to Their Buy Rating for Shell (UK) (SHEL)

Jefferies analyst Mark Wilson maintained a Buy rating on Shell (UK) today and set a price target of £44.00.

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According to TipRanks, Wilson is a 4-star analyst with an average return of 5.8% and a 57.25% success rate. Wilson covers the Energy sector, focusing on stocks such as TotalEnergies SE, Shell (UK), and BP p.l.c..

In addition to Jefferies, Shell (UK) also received a Buy from TipRanks – Google’s Google Energy GB in a report issued yesterday. However, today, RBC Capital maintained a Hold rating on Shell (UK) (LSE: SHEL).

Based on Shell (UK)’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p64.85 billion and a net profit of p4.18 billion. In comparison, last year the company earned a revenue of p66.28 billion and had a net profit of p928 million

Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SHEL in relation to earlier this year.