- Shell (SHEL, Financial) plans a significant increase in its liquefied natural gas capacity by 2030.
- Analysts forecast a potential 7.93% upside for Shell shares.
- Shell's fair valuation suggests a downside of 9.56% from its current stock price.
Shell's Strategic Expansion in LNG
Shell (SHEL) is gearing up to enhance its liquefied natural gas (LNG) capacity by an impressive 12 million metric tons by the year 2030. This expansion is strategically aligned with their acquisitions and partnerships, focusing on resources from the U.S. and Qatar. The primary focus will be to supply LNG to the Asian markets and industries that are challenging to electrify.
Wall Street Analysts Forecast
According to insights from 14 analysts, the one-year price target for Shell PLC (SHEL, Financial) averages at $75.91, with forecasts ranging between a high of $90.00 and a low of $39.07. This average target suggests a potential upside of 7.93% when compared to the current share price of $70.34. Investors can explore deeper into these estimates by visiting the Shell PLC (SHEL) Forecast page.
Brokerage Recommendations
The consensus among 15 brokerage firms positions Shell PLC's (SHEL, Financial) average brokerage recommendation at a 1.8, which denotes an "Outperform" rating. This system uses a scale from 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell recommendation.
GF Value Evaluation
GuruFocus has estimated the GF Value for Shell PLC (SHEL, Financial) over the next year at $63.61, indicating a downside of 9.56% from the current market price of $70.335. The GF Value is GuruFocus' assessment of what the stock's fair trading value should be, derived from historical trading multiples, past business growth, and projected future performance. For more comprehensive insights, consider reviewing the Shell PLC (SHEL) Summary page.
