LSE:SHELOil and Gas
Shell (LSE:SHEL) Stock Still Looks Reasonable After 196% Return And 23% Fair Value Gap
Shell stock has produced a strong 5 year gain while current valuation checks still lean cheap, with both an intrinsic value estimate from a Discounted Cash Flow (DCF) approach and market multiples pointing to upside relative to the recent share price. That mix of a long run share price climb and an undervalued read from several models is drawing attention to how much good news from recent deals and higher oil prices is already reflected in Shell’s valuation.
Over the past 5 years Shell has...