Analysts have been eager to weigh in on the Utilities sector with new ratings on Energy Transfer (ET – Research Report) and Genting Singapore (GIGNF – Research Report).
Energy Transfer (ET)
Goldman Sachs analyst John Mackay maintained a Hold rating on Energy Transfer on November 9 and set a price target of $14.00. The company’s shares closed last Monday at $13.19.
According to TipRanks.com, Mackay is a 3-star analyst with an average return of
Currently, the analyst consensus on Energy Transfer is a Strong Buy with an average price target of $17.60.
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Genting Singapore (GIGNF)
In a report released today, Jason Sum from DBS maintained a Buy rating on Genting Singapore, with a price target of S$1.05. The company’s shares closed last Monday at $0.65.
Sum has an average return of
According to TipRanks.com, Sum is ranked #3698 out of 8631 analysts.
Genting Singapore has an analyst consensus of Strong Buy, with a price target consensus of $0.82, a 22.7% upside from current levels. In a report released yesterday, J.P. Morgan also upgraded the stock to Buy with a S$1.10 price target.
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Read More on ET:
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- Energy Transfer Equity Reports Earnings: Did it Beat Estimate Forecasts?
- Energy Transfer LP sees FY23 adjusted EBITDA $13.5B-$13.6B
