Cash tap will continue to flow at Shell, says investment bank
Portfolio Pulse from
Berenberg has reiterated its 'buy' rating on Shell PLC, raising its price target due to expectations of strong free cash flow and shareholder returns. Shell's strategy update is anticipated to focus on capital discipline and free cash flow growth.

February 20, 2025 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Berenberg has reiterated its 'buy' rating on Shell, raising the price target to 3,250p, expecting strong free cash flow and shareholder returns. The upcoming strategy update is expected to emphasize capital discipline and cash flow growth.
The reiteration of a 'buy' rating and an increased price target by Berenberg suggests positive sentiment and expected performance for Shell. The focus on free cash flow and shareholder returns is likely to attract investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100