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Analysts Offer Insights on Energy Companies: TC Energy (TRP) and Diamondback (FANG)

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on TC Energy (TRPResearch Report) and Diamondback (FANGResearch Report) with bullish sentiments.

TC Energy (TRP)

RBC Capital analyst Robert Kwan maintained a Buy rating on TC Energy yesterday and set a price target of C$59.00. The company’s shares closed last Friday at $37.62.

Kwan has an average return of 4.2% when recommending TC Energy.

According to TipRanks.com, Kwan is ranked #186 out of 8805 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TC Energy with a $41.31 average price target.

See the top stocks recommended by analysts >>

Diamondback (FANG)

In a report released yesterday, Scott Hanold from RBC Capital maintained a Buy rating on Diamondback, with a price target of $220.00. The company’s shares closed last Friday at $201.50, close to its 52-week high of $211.96.

Hanold has an average return of 53.8% when recommending Diamondback.

According to TipRanks.com, Hanold is ranked #12 out of 8805 analysts.

Diamondback has an analyst consensus of Strong Buy, with a price target consensus of $214.50, implying a 9.1% upside from current levels. In a report issued on April 22, Susquehanna also maintained a Buy rating on the stock with a $245.00 price target.

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