Berenberg is positive on the stock with a Buy rating. The target price has been revised upwards and is now set at GBX 3250, compared with GBX 3000 previously.
Shell plc specializes in oil and natural gas production and distribution. Net sales break down by activity as follows:
- refining of crude oil (32%): owns, at the end of 2024, 8 refineries worldwide. Shell plc is also involved in the manufacturing of chemical and petrochemical products (olefins, aromatic products, solvents, ethylenes, propylenes, phenols, additives, etc.);
- marketing of petroleum products (42.2%): operation of a network of more than 44,000 service stations worldwide;
- production of liquefied natural gas (13.1%);
- production of electricity from renewable sources (10.3%);
- crude oil and natural gas exploration and production (2.3%);
- other (0.1%).
Net sales are distributed geographically as follows: the United Kingdom (9.9%), Europe (22.6%), Asia-Oceania-Africa (34.6%), the United States (22.9%) and America (10%).
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Investor
Investor
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Global
Global
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Quality
Quality
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