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Analysts Offer Insights on Energy Companies: Peninsula Energy Limited (OtherPENMF) and Matador Resources (MTDR)

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Peninsula Energy Limited (PENMFResearch Report) and Matador Resources (MTDRResearch Report) with bullish sentiments.

Peninsula Energy Limited (PENMF)

Shaw and Partners analyst Andrew Hines maintained a Buy rating on Peninsula Energy Limited today and set a price target of A$0.34. The company’s shares closed last Monday at $0.08.

According to TipRanks.com, Hines is ranked #8332 out of 8686 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Peninsula Energy Limited with a $0.17 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Matador Resources (MTDR)

In a report released today, Gabriel Daoud from TD Cowen maintained a Buy rating on Matador Resources, with a price target of $64.00. The company’s shares closed last Monday at $53.88.

Daoud has an average return of 23.4% when recommending Matador Resources.

According to TipRanks.com, Daoud is ranked #8508 out of 8686 analysts.

Matador Resources has an analyst consensus of Strong Buy, with a price target consensus of $73.33, representing a 37.3% upside. In a report issued on January 8, Raymond James also maintained a Buy rating on the stock with a $70.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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