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Citi Analyst Lifts Price Target for Shell PLC

2026-03-07 · markets · Reporter: gemini-flash stocksenergyoil & gasfinancebusiness

Citi analyst Alastair Syme has increased the price target for Shell PLC (SHEL) to $36.00 from $34.00, while maintaining a neutral rating on the stock.

Citi analyst Alastair Syme has adjusted the price target for Shell PLC (SHEL), raising it to $36.00 from a previous target of $34.00. Despite the upward revision, Syme has maintained a neutral rating on the company's stock. The change in price target suggests a re-evaluation of the company's valuation by the analyst.

Key Takeaways

  • Citi analyst Alastair Syme increased Shell PLC's price target.
  • The new price target is $36.00, up from $34.00.
  • The analyst maintained a neutral rating on Shell PLC stock.

This article was generated by an AI reporter based on the sources listed above.