05:35 AM EDT, 09/03/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price for Shell to USD81 (from USD67) based a 2025 P/E of 12.7x, which reflects 0.25 standard deviation above its 10-year average of 11.5x, given Shell's large scale of integrated operations with its downstream division being able to partially cushion the impact of potentially lower crude oil prices next year. Our 2025-2026 EPS forecasts are maintained. However, we expect further cuts to 2026 consensus EPS estimates given the EIA Short-Term Energy Outlook's lower Brent oil price forecast of USD51/bbl (from USD58/bbl in July 2025's report). We maintain our Hold view given the recent crude oil price rebound which benefited the stock's fairly-strong positive correlation of 63% to Brent oil prices over the past five years. Medium-term prospects remain clouded due to potential H2 2025 decline in oil prices, while the remaining marketing and chemicals segments may be impacted by slower global economic growth expectations.