Shell (SHEL) Downgraded to ‘Overweight’, Price Target Raised by $15.30

Shell plc (NYSE:SHEL) is included among the 15 Best High Yield Energy Stocks to Buy Right Now.

Shell (SHEL) Downgraded to 'Overweight', Price Target Raised by $15.30

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 March 24, Morgan Stanley downgraded Shell plc (NYSE:SHEL) from ‘Overweight’ to ‘Equal Weight’, but raised its price target on the stock from $80.20 to $95.50. The revised target indicates an upside of over 2% from the current levels.

The development comes after Morgan Stanley re-shuffled its order to preference towards higher-beta stocks in the European energy sector. According to the firm’s analysts, Martijn Rats and Guilherme Levy, the path for global crude oil prices to return to their pre-conflict levels is ‘narrowing’, even if the US-Iran war comes to an end. As a result, the analysts bumped their Brent price estimate for 2027 to $80 per barrel. Incorporating this and other recent commodity estimates, as well as disruption effects, Morgan Stanley raised its EPS estimates for European energy majors by roughly 100% for 2026 and around 50% for 2027.

On the other hand, BofA seems bullish on Shell plc (NYSE:SHEL) and recently raised its price target on the stock (read the details here).

While we acknowledge the risk and potential of SHEL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SHEL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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