Morgan Stanley upgrades Shell to 'equalweight' with a price target of GBP24.50

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Morgan Stanley upgrades Shell to 'equalweight' with a price target of GBP24.50

An analyst from Morgan Stanley upgraded Shell (LON: SHEL ) from 'underweight' to 'equalweight' with a price target of GBP24.50 from a prior price target of GBP23.00.

Prior to this rating, Shell had 14 buy ratings, 3 hold ratings, and 2 sell ratings.

For consensus analyst estimates and price targets on Shell, click here. For more news on Shell, click here.

Shell's stock price closed at $2.0. They are down -99.92% in the last month and up 16.5% in the last 12 months.

According to Investing Pro, Shell's fair value is $31.3, an upside of 34.8%. Shell's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out Shell's recent earnings performance and financials here.

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