LSE:SHELOil and Gas
Shell (LSE:SHEL): Assessing Valuation After Recent Share Price Pullback
Shell (LSE:SHEL) has slipped about 8% over the past month even as its long term track record and cash generation remain solid, setting up an interesting entry point for patient income focused investors.
See our latest analysis for Shell.
At around $27.07, Shell’s recent 30 day share price pullback sits in contrast to its positive year to date share price return and strong multi year total shareholder returns. This suggests momentum has cooled rather than broken.
If Shell’s reset has you...