Jefferies sees up to 37% upside in Shell PLC, reiterating a Buy rating and a £44 price target after the company’s first-quarter call. The note highlights investor unease over Shell’s shareholder returns mix, but the broker’s valuation view remains constructive. The article is primarily analyst commentary and is unlikely to move the broader market materially.
Jefferies sees up to 37% upside in Shell PLC, reiterating a Buy rating and a £44 price target after the company’s first-quarter call. The note highlights investor unease over Shell’s shareholder returns mix, but the broker’s valuation view remains constructive. The article is primarily analyst commentary and is unlikely to move the broader market materially.
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mildly positive
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0.25
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