Goldman Sachs Maintains Buy Rating for Shell (UK)

Goldman Sachs analyst Michele Della Vigna maintained a Buy rating on Shell (UK) with a one-year high of p2,947.06 and a one-year low of p2,269.92. The company has an average volume of 8.45M and Della Vigna has a 64.77% success rate with an average return of 4.9%.

Goldman Sachs analyst Michele della Vigna has maintained a Buy rating on Shell (UK) stock, with a one-year high of GBX 2,947.06 and a one-year low of GBX 2,269.92, according to a recent research note [1]. The analyst's recommendation comes amidst mixed signals from other analysts and market conditions.

Shell's stock has seen a mixed bag of ratings from different analysts. While Freedom Capital Markets and HSBC have downgraded Shell to a Hold rating [2], TD Cowen has maintained a Buy rating on the company [3]. The company's shares closed at $71.85 on July 2, 2025, with a one-year high of $74.18 and a one-year low of $58.55, reflecting a 3.52% increase over the past year.

Della Vigna's Buy rating is supported by Shell's consistent dividend payments, which have spanned 21 years, and the company's recent second-quarter adjusted earnings per share (EPS) that exceeded consensus estimates [2]. However, the analyst's rating also comes with caution regarding the company's debt trajectory and trading earnings.

Shell's net debt is projected to exceed $60 billion by 2027, up from $43 billion in Q2 2025, driven by cash shortfalls [2]. Trading earnings, especially in Integrated Gas, are under pressure as energy markets normalize. Despite these challenges, Shell has maintained its dividend streak and reported earnings above expectations.

Investors will likely be interested in how Shell addresses the disparity between its earnings and revenue performance, as well as the company's debt trajectory and trading earnings. These developments are crucial for stakeholders tracking Shell's financial health and strategic direction.

References:
[1] https://www.marketscreener.com/news/shell-neu-goldman-sachs-keeps-its-buy-rating-ce7c5eddd88aff27
[2] https://www.marketscreener.com/news/bp-goldman-sachs-keeps-its-buy-rating-ce7c5eddd889f425
[3] https://www.ainvest.com/news/shell-downgraded-hold-freedom-capital-markets-78-price-target-2508/