Bank of America Downgrades Shell to Neutral, Lowers PT

06:58 AM EST, 12/08/2025 (MT Newswires) -- Bank of America on Monday downgraded oil and gas giant Shell (SHEL.L, SHELL.AS) to neutral from buy and cut its price target to 31.00 pounds sterling from 32.00 pounds. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)