Shell (SHEL) Expects Mixed Performance with Some Segment Struggles

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  • Shell faces a challenging outlook with mixed segment performance and potential losses.
  • Analysts project moderate upside potential for SHEL stock price.
  • GuruFocus estimates imply a potential downside to the current trading price.

Shell (SHEL, Financial) is navigating a complex quarter, with expectations of varied performance across its business segments. The company forecasts underperformance in the Chemicals & Products division despite some margin improvements. Specifically, Shell anticipates a decrease in production within its Integrated Gas segment, while refining margins are expected to climb to $8.9 per barrel. Additionally, corporate losses for the second quarter are projected to range between $400 million to $600 million.

Wall Street Analysts Forecast

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According to insights from 13 analysts, the one-year price target for Shell PLC (SHEL, Financial) is, on average, $75.97. This forecast includes a high estimate of $88.00 and a low of $39.59, suggesting an upside potential of 5.63% from the current share price of $71.92. For more granular details, visit the Shell PLC (SHEL) Forecast page.

Further, Shell PLC's (SHEL, Financial) average rating from 15 brokerage firms stands at 1.9, indicating an "Outperform" recommendation. This rating is based on a scale where 1 represents a Strong Buy, and 5 signifies a Sell.

The GF Value calculated by GuruFocus estimates suggests that Shell PLC (SHEL, Financial) could see a decrease in its stock value, down to $64.79, indicating a 9.91% downside from the current price. This GF Value represents GuruFocus' estimated fair value, derived from historical trading multiples, past business growth, and predicted future performance. For further information, browse the Shell PLC (SHEL) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.