Broker Recommendations

Berenberg ups Shell target price after strong Q3 results

By Benjamin Chiou

Date: Monday 03 Nov 2025

(Sharecast News) - Berenberg has raised its target price for Shell following the oil major's strong third-quarter results last week, hailing the company's "attractive" free cash flow and balance sheet strength.
The broker lifted its target price from 3,000p to 3,250p and reiterated a 'buy' rating on the stock.

Shell's...

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