BNP Paribas downgraded Shell PLC to Neutral from its previous Outperform rating. The bank simultaneously raised its price target for the energy giant to $101 from $81. Specific reasons for the ratings adjustment were not disclosed.
Market analysts and AI models remain divided on Shell's near-term prospects. Bullish outlooks cite strong capital returns, disciplined cost management, and growing LNG exposure. Conversely, risks include Chemicals segment losses, declining reserve life, and sensitivity to oil price volatility. Shell shares fell significantly during today's trading session following the announcement.