UBS Remains a Hold on Shell (UK) (SHEL)

In a report released today, Joshua Stone from UBS maintained a Hold rating on Shell (UK), with a price target of p3,850.00.

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Stone covers the Energy sector, focusing on stocks such as Shell (UK), BP p.l.c., and OMV AG. According to TipRanks, Stone has an average return of 7.9% and a 62.10% success rate on recommended stocks.

In addition to UBS, Shell (UK) also received a Hold from RBC Capital’s Biraj Borkhataria in a report issued yesterday. However, today, Barclays maintained a Buy 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.