There’s a lot to be optimistic about in the Utilities sector as 3 analysts just weighed in on Essential Utilities (WTRG – Research Report), Enlight Renewable Energy (ENLT – Research Report) and Chesapeake Energy (CHK – Research Report) with bullish sentiments.
Essential Utilities (WTRG)
In a report released today, Shelby Tucker from RBC Capital reiterated a Buy rating on Essential Utilities, with a price target of $54.00. The company’s shares closed last Thursday at $42.70.
According to TipRanks.com, Tucker 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 Essential Utilities with a $54.00 average price target.
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Enlight Renewable Energy (ENLT)
J.P. Morgan analyst Mark Strouse maintained a Buy rating on Enlight Renewable Energy today and set a price target of $22.00. The company’s shares closed last Thursday at $16.44.
According to TipRanks.com, Strouse is a 5-star analyst with an average return of
Currently, the analyst consensus on Enlight Renewable Energy is a Strong Buy with an average price target of $21.50, which is a 30.7% upside from current levels. In a report issued on March 7, Credit Suisse also initiated coverage with a Buy rating on the stock with a $22.00 price target.
Chesapeake Energy (CHK)
In a report released today, Scott Hanold from RBC Capital reiterated a Buy rating on Chesapeake Energy, with a price target of $125.00. The company’s shares closed last Thursday at $72.07.
According to TipRanks.com, Hanold is a top 100 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chesapeake Energy with a $116.00 average price target, a 65.7% upside from current levels. In a report issued on March 1, J.P. Morgan also maintained a Buy rating on the stock with a $113.00 price target.
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