Shell Receives Neutral Rating from Royal Bank Of Canada

Analysts at Royal Bank Of Canada have reiterated their 'neutral' rating for Shell (LON:SHEL) in a research note issued to investors on Thursday. This reiteration comes after several other analysts have also weighed in with their views on the energy company.

The firm has a market capitalization of £206.95 billion, a price-to-earnings ratio of 8.00, and a beta of 0.43. Insider Sinead Gorman sold 30,000 shares of the firm's stock in a transaction dated Friday, July 31st.

The company has a strategy to deliver more value with less emissions as it works towards becoming a net-zero emissions business by 2050. Shell is positioning itself to become the investment case and partner of choice through the energy transition.