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Analysts Conflicted on These Energy Names: Valero Energy (VLO), CNX Resources (CNX) and Enerplus (ERF)

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Valero Energy (VLOResearch Report), CNX Resources (CNXResearch Report) and Enerplus (ERFResearch Report).

Valero Energy (VLO)

Scotiabank analyst Paul Cheng maintained a Buy rating on Valero Energy today and set a price target of $138.00. The company’s shares closed last Thursday at $134.46.

According to TipRanks.com, Cheng is a 3-star analyst with an average return of 2.3% and a 45.9% success rate. Cheng covers the NA sector, focusing on stocks such as HF Sinclair Corporation, Occidental Petroleum, and Marathon Petroleum.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Valero Energy with a $148.47 average price target, representing an 11.2% upside. In a report issued on January 24, Citi also initiated coverage with a Buy rating on the stock with a $160.00 price target.

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CNX Resources (CNX)

Scotiabank analyst Cameron Bean maintained a Sell rating on CNX Resources today and set a price target of $20.00. The company’s shares closed last Thursday at $20.42.

According to TipRanks.com, Bean is a 1-star analyst with an average return of -2.4% and a 45.1% success rate. Bean covers the NA sector, focusing on stocks such as National Fuel Gas Company, Paramount Resources, and Southwestern Energy.

The word on The Street in general, suggests a Hold analyst consensus rating for CNX Resources with a $22.20 average price target.

Enerplus (ERF)

Scotiabank analyst Jason Bouvier maintained a Hold rating on Enerplus today and set a price target of C$24.00. The company’s shares closed last Thursday at $14.40.

According to TipRanks.com, Bouvier is a 5-star analyst with an average return of 17.7% and a 57.5% success rate. Bouvier covers the NA sector, focusing on stocks such as Crescent Point Energy, Freehold Royalties, and Whitecap Resources.

Enerplus has an analyst consensus of Strong Buy, with a price target consensus of $19.40.

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