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Evercore ISI Keeps a Hold Rating on Shell (SHEL)

Evercore ISI analyst Stephen Richardson maintained a Hold rating on Shell (SHELResearch Report) on July 11 and set a price target of $60.00. The company’s shares closed last Thursday at $48.98.

According to TipRanks.com, Richardson is a 4-star analyst with an average return of 6.5% and a 49.7% success rate. Richardson covers the Utilities sector, focusing on stocks such as Occidental Petroleum, Magnolia Oil & Gas, and Canadian Natural.

Currently, the analyst consensus on Shell is a Strong Buy with an average price target of $69.25.

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The company has a one-year high of $61.68 and a one-year low of $36.58. Currently, Shell has an average volume of 5.15M.

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Founded in 1907, Netherlands-based Royal Dutch Shell Plc, commonly known as Shell, operates as an oil and natural gas producer. The company is engaged in exploration and extraction of crude oil, natural gas and natural gas liquids. The energy company operates through Integrated Gas, Upstream, and Downstream segments.

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