Skip to main content

Jefferies Reaffirms Their Buy Rating on Shell (UK) (SHEL)

Tipranks - Thu Mar 5, 1:58AM CST

In a report released today, Mark Wilson from Jefferies maintained a Buy rating on Shell (UK), with a price target of £35.00.

Claim 70% Off TipRanks Premium

According to TipRanks, Wilson is a 4-star analyst with an average return of 5.4% and a 56.98% 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 – 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.

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.