S&P 500 slips, but losses kept in check as Nvidia climbs ahead of results
Investing.com - Melius Research initiated coverage on Shell Plc. (NYSE:SHEL), a $210 billion energy giant trading near its 52-week high, with a Hold rating and a price target of $70.00 on Wednesday. According to InvestingPro analysis, Shell currently appears undervalued based on its Fair Value estimate.
The research firm cited Shell’s diversified operational structure as a key factor in its assessment, noting the company’s traditional oil and gas upstream and downstream operations.
Melius highlighted Shell’s significant focus on natural gas, particularly liquefied natural gas (LNG), and pointed out that the company maintains one of the largest retail operations among integrated oil companies.
The firm also acknowledged Shell’s active investments in emerging energy technologies, including carbon capture, electric vehicle charging networks, and hydrogen.
Shell’s stock rating reflects Melius’s balanced view of the company’s traditional energy business alongside its investments in lower-carbon technologies.
In other recent news, Shell PLC (LON:SHEL) reported its second-quarter 2025 earnings, revealing a mixed performance. The company’s earnings per share (EPS) fell short of expectations, coming in at $0.72 compared to the anticipated $1.32, a decline of 45.45%. However, Shell’s revenue exceeded forecasts, reaching $65.41 billion against the expected $62.03 billion, surpassing estimates by 5.45%. In a related development, Freedom Broker downgraded Shell’s stock rating from Buy to Hold, citing global pressures while keeping the price target at $78.00. Despite the EPS decline, Shell’s revenue performance suggests resilience amidst challenging conditions. These developments highlight the complex financial landscape Shell navigates. Investors may consider the mixed earnings results and the recent analyst downgrade when evaluating Shell’s market position.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.