There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Deep Yellow Limited (DYLLF – Research Report) and Ampol Limited (CTXAF – Research Report) with bullish sentiments.
Deep Yellow Limited (DYLLF)
In a report issued on December 21, Chris Drew from Jefferies maintained a Buy rating on Deep Yellow Limited, with a price target of A$1.45. The company’s shares closed last Friday at $0.76.
According to TipRanks.com, Drew is a 3-star analyst with an average return of
Deep Yellow Limited has an analyst consensus of Moderate Buy, with a price target consensus of $0.97, representing a 31.1% upside. In a report issued on December 13, Canaccord Genuity also maintained a Buy rating on the stock with a A$1.44 price target.
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Ampol Limited (CTXAF)
Jefferies analyst Michael Simotas maintained a Buy rating on Ampol Limited on December 21 and set a price target of A$37.50. The company’s shares closed last Thursday at $24.24, equals to its 52-week high of $24.24.
According to TipRanks.com, Simotas is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ampol Limited with a $25.34 average price target, representing a 4.5% upside. In a report issued on December 13, RBC Capital also maintained a Buy rating on the stock with a A$42.00 price target.
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