There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Origin Energy Limited (OGFGF – Research Report) and Paladin Energy Ltd (PALAD – Research Report) with bullish sentiments.
Origin Energy Limited (OGFGF)
UBS analyst Tom Allen maintained a Buy rating on Origin Energy Limited today and set a price target of A$10.55. The company’s shares closed last Monday at $6.00, close to its 52-week high of $6.04.
Allen has an average return of
According to TipRanks.com, Allen is ranked #1432 out of 8800 analysts.
Origin Energy Limited has an analyst consensus of Moderate Buy, with a price target consensus of $6.38, which is a 6.0% upside from current levels. In a report issued on April 29, RBC Capital also maintained a Buy rating on the stock with a A$10.50 price target.
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Paladin Energy Ltd (PALAD)
In a report released today, Paul McTaggart from Citi maintained a Buy rating on Paladin Energy Ltd, with a price target of A$17.00. The company’s shares closed last Wednesday at $9.40.
According to TipRanks.com, McTaggart is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Paladin Energy Ltd with a $10.72 average price target, which is a 16.4% upside from current levels. In a report issued on April 17, Morgan Stanley also maintained a Buy rating on the stock with a A$17.45 price target.
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