There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Cameco (CCJ – Research Report), Enterprise Products Partners (EPD – Research Report) and Shell (SHEL – Research Report) with bullish sentiments.
Cameco (CCJ)
In a report released today, Orest Wowkodaw from Scotiabank maintained a Buy rating on Cameco, with a price target of C$70.00. The company’s shares closed last Thursday at $50.56, close to its 52-week high of $51.33.
According to TipRanks.com, Wowkodaw 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 Cameco with a $55.53 average price target.
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Enterprise Products Partners (EPD)
Scotiabank analyst Tristan Richardson maintained a Buy rating on Enterprise Products Partners today and set a price target of $31.00. The company’s shares closed last Thursday at $26.80.
According to TipRanks.com, Richardson is a 3-star analyst with an average return of
Enterprise Products Partners has an analyst consensus of Strong Buy, with a price target consensus of $31.38, a 17.0% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $31.00 price target.
Shell (SHEL)
In a report released today, Paul Cheng from Scotiabank maintained a Buy rating on Shell, with a price target of $74.00. The company’s shares closed last Thursday at $64.08.
According to TipRanks.com, Cheng is a 3-star analyst with an average return of
Shell has an analyst consensus of Moderate Buy, with a price target consensus of $72.63, a 13.0% upside from current levels. In a report released yesterday, Wells Fargo also maintained a Buy rating on the stock with a $72.00 price target.
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Read More on CCJ:
- Unusually active option classes on open January 24th
- Shares of Cameco, NexGen Energy spike after U.S. DOE call for uranium
- U.S. looks to increase production of higher-energy uranium, DOE says
- Cameco call volume above normal and directionally bullish
- Cameco price target raised to $55.50 from $51 at BofA
