Shell Stock Hits 6-Month High as Analysts See Over 20% Upside
Shell's stock has reached a new 6-month high, with RBC setting a price target of 3,400 pence, indicating a potential over 20% upside. The energy giant's gas and oil businesses are expected to have significantly improved in the third quarter, driven by increased gas production and processing.
Shell's gas business, a key profit driver, has seen a notable increase in production and processing into liquefied gas. This is largely due to higher gas demand and improved results from both LNG and oil businesses in the third quarter of 2025. RBC, UBS, and Jefferies have all recommended buying Shell stock, with UBS and Jefferies setting fair values of 3,050 and 3,000 pence respectively, indicating just under 10% upside.
Analysts praise Shell's solid performance and consider it a secure addition for investors seeking stable dividends. The company's oil business is also expected to have improved in the third quarter, contributing to the overall positive outlook.
Shell's stock price has surged to a new 6-month high, reflecting strong performance in both its gas and oil businesses. With analysts from RBC, UBS, and Jefferies recommending buys and setting fair values indicating significant upside, Shell continues to be an attractive option for investors seeking security and dividends.
