Analysts Have Conflicting Sentiments on These Energy Companies: Karoon Energy Ltd (OtherKRNGF), Valero Energy (VLO) and Pioneer Natural (PXD)

Analysts have been eager to weigh in on the Energy sector with new ratings on Karoon Energy Ltd (KRNGF – Research Report), Valero Energy (VLO – Research Report) and Pioneer Natural (PXD – Research Report).

Karoon Energy Ltd (KRNGF)

In a report issued on January 24, Henry Meyer CFA from Goldman Sachs maintained a Buy rating on Karoon Energy Ltd, with a price target of A$2.41. The company’s shares closed last Friday at $1.30.

According to TipRanks.com, CFA is a 2-star analyst with an average return of 0.1% and a 45.5% success rate. CFA covers the NA sector, focusing on stocks such as Beach Energy Limited, Santos Limited, and Ampol Limited.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Karoon Energy Ltd with a $1.71 average price target, implying a 31.5% upside from current levels. In a report issued on January 11, J.P. Morgan also maintained a Buy rating on the stock with a A$2.80 price target.

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Valero Energy (VLO)

In a report released today, Theresa Chen from Barclays maintained a Buy rating on Valero Energy, with a price target of $149.00. The company’s shares closed last Friday at $137.91.

According to TipRanks.com, Chen is a 5-star analyst with an average return of 14.9% and a 76.0% success rate. Chen covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Kodiak Gas Services, Inc., and Plains All American.

Currently, the analyst consensus on Valero Energy is a Moderate Buy with an average price target of $147.07, representing a 9.4% upside. In a report issued on January 24, Citi also initiated coverage with a Buy rating on the stock with a $160.00 price target.

Pioneer Natural (PXD)

Wells Fargo analyst Roger Read assigned a Hold rating to Pioneer Natural on January 26 and set a price target of $239.00. The company’s shares closed last Friday at $230.44.

According to TipRanks.com, Read is a 5-star analyst with an average return of 9.4% and a 59.9% success rate. Read covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Calumet Specialty Products, and Liberty Oilfield Services.

Currently, the analyst consensus on Pioneer Natural is a Hold with an average price target of $252.92, a 11.0% upside from current levels. In a report issued on January 23, Stifel Nicolaus also maintained a Hold rating on the stock with a $224.00 price target.

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