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Shell (SHEL) Upgraded to Buy Following ARC Resources Deal
Key takeaways
- Shell plc (NYSE:SHEL) is an integrated energy company with operations spanning exploration, production, refining, marketing, and chemical manufacturing, alongside growing investments in biofuels and hydrogen.
- On May 18, HSBC analyst Kim Fustier upgraded Shell plc (NYSE:SHEL) from ‘Hold’ to ‘Buy’, while also raising the firm’s price target on the stock from £3,350 to £3,700.
- The upgrade was driven by HSBC’s higher cash flow estimates and Shell’s improved medium-term growth visibility following its $16.4 billion acquisition of the Canadian energy company ARC Resources last month.
Shell (SHEL) Upgraded to Buy Following ARC Resources Deal Sultan Khalid Mon, May 25, 2026 at 12:30 AM GMT+7 1 min read SHEL TTE With an annual dividend yield of 3.39%, Shell plc (NYSE:SHEL) is included among the 12 Best Dividend Stocks to Invest in According to Hedge Funds.
Shell plc (NYSE:SHEL) is an integrated energy company with operations spanning exploration, production, refining, marketing, and chemical manufacturing, alongside growing investments in biofuels and hydrogen.
On May 18, HSBC analyst Kim Fustier upgraded Shell plc (NYSE:SHEL) from ‘Hold’ to ‘Buy’, while also raising the firm’s price target on the stock from £3,350 to £3,700. The target boost represents an upside potential of over 14% from the current share price.
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