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J.P. Morgan Sticks to Its Buy Rating for Shell (UK) (SHEL)

Tipranks - Tipranks - Tue Mar 3, 1:41AM CST

In a report released today, Matthew Lofting from J.P. Morgan maintained a Buy rating on Shell (UK), with a price target of £36.00.

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According to TipRanks, Lofting is an analyst with an average return of -0.3% and a 51.26% success rate. Lofting covers the Energy sector, focusing on stocks such as BP p.l.c., Shell (UK), and TotalEnergies SE.

In addition to J.P. Morgan, Shell (UK) also received a Buy from TipRanks – OpenAI’s OpenAI Energy GB in a report issued today. However, on the same day, TipRanks – Anthropic downgraded Shell (UK) (LSE: SHEL) to a Hold.

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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

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