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Analysts Are Bullish on These Energy Stocks: RWE AG (GB:0HA0), Crescent Point Energy (CPG)

There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on RWE AG (GB:0HA0Research Report), Crescent Point Energy (CPGResearch Report) and Cheniere Energy (LNGResearch Report) with bullish sentiments.

RWE AG (GB:0HA0)

Bernstein analyst Deepa Venkateswaran maintained a Buy rating on RWE AG yesterday and set a price target of EUR47.50. The company’s shares closed yesterday at EUR34.49.

Venkateswaran has an average return of 9.7% when recommending RWE AG.

According to TipRanks.com, Venkateswaran is ranked #2356 out of 8841 analysts.

RWE AG has an analyst consensus of Strong Buy, with a price target consensus of EUR46.84, implying a 35.4% upside from current levels. In a report issued on April 30, UBS also maintained a Buy rating on the stock with a EUR49.00 price target.

See the top stocks recommended by analysts >>

Crescent Point Energy (CPG)

In a report released yesterday, Desjardins from Desjardins maintained a Buy rating on Crescent Point Energy, with a price target of C$15.00. The company’s shares closed last Monday at $8.60.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Crescent Point Energy with a $10.93 average price target, which is a 25.2% upside from current levels. In a report issued on April 29, RBC Capital also maintained a Buy rating on the stock with a C$13.00 price target.

Cheniere Energy (LNG)

In a report issued on May 7, John Mackay from Goldman Sachs reiterated a Buy rating on Cheniere Energy, with a price target of $216.00. The company’s shares closed last Monday at $154.74.

According to TipRanks.com, Mackay is a 4-star analyst with an average return of 16.6% and a 69.1% success rate. Mackay covers the NA sector, focusing on stocks such as Enterprise Products Partners, Kodiak Gas Services, Inc., and Cheniere Energy Partners.

Currently, the analyst consensus on Cheniere Energy is a Strong Buy with an average price target of $199.73, a 27.2% upside from current levels. In a report issued on April 22, RBC Capital also maintained a Buy rating on the stock with a $200.00 price target.

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