J.P. Morgan Maintains a Buy on Shell plc (SHEL), Sets a PT of £30

Shell plc (NYSE:SHEL) is one of the best UK stocks to buy right now. On August 28, J.P. Morgan analyst Matthew Lofting maintained a Buy rating on Shell plc (NYSE:SHEL) and set a price target of £30.00.

Shell plc (NYSE:SHEL) reported its fiscal Q2 2025 earnings on July 31, reporting adjusted earnings of $4.3 billion despite lower trading contribution in a weaker margin environment.

It also delivered a robust CFFO of $11.9 billion, bolstered by strong operational performance that allowed the commencement of another $3.5 billion share buyback program for the next three months.

Shell plc (NYSE:SHEL) further reported that its 2025 cash capex outlook remains unchanged at $20 – $22 billion.

Headquartered in London, Shell plc (NYSE:SHEL) produces oil and natural gas. The company’s operations are divided into the following segments: Integrated Gas, Upstream, Marketing, Chemicals and Products, Renewables and Energy Solutions, and Corporate. It takes the 13th spot on our list of the best cheap stocks for beginners to buy now.

While we acknowledge the potential of SHEL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.