Skip to main content

Berenberg Bank Keeps Their Buy Rating on Shell (UK) (SHEL)

Tipranks - Wed Feb 25, 1:56AM CST

Berenberg Bank analyst Henry Tarr maintained a Buy rating on Shell (UK) today and set a price target of £33.00.

Claim 50% Off TipRanks Premium

According to TipRanks, Tarr is a 4-star analyst with an average return of 4.1% and a 56.25% success rate. Tarr covers the Energy sector, focusing on stocks such as BP p.l.c., Shell (UK), and ENI S.p.A..

In addition to Berenberg Bank, Shell (UK) also received a Buy from Barclays’s Lydia Rainforth in a report issued on February 12. However, on February 10, UBS 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

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.