Shell forecasts upgraded as brokers account for the incremental positives

Shell Plc's (LSE:SHEL, NYSE:SHEL) second-quarter update has pushed brokers to raise forecasts, with Citi lifting its EPS estimate by 13% and Jefferies increasing its earnings forecast by 14% to around US$9 billion. Citi said the statement was “incrementally positive”, with the main upside...

Jul 8, 2026 - 18:00
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Shell forecasts upgraded as brokers account for the incremental positives
Shell Plc's (LSE:SHEL, NYSE:SHEL) second-quarter update has pushed brokers to raise forecasts, with Citi lifting its EPS estimate by 13% and Jefferies increasing its earnings forecast by 14% to around US$9 billion. Citi said the statement was “incrementally positive”, with the main upside...

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