Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Imperial Oil (IMO – Research Report), Helmerich & Payne (HP – Research Report) and Phillips 66 (PSX – Research Report).
Imperial Oil (IMO)
Scotiabank analyst Jason Bouvier maintained a Buy rating on Imperial Oil today and set a price target of C$83.00. The company’s shares closed last Friday at $56.45.
According to TipRanks.com, Bouvier is a 5-star analyst with an average return of
Currently, the analyst consensus on Imperial Oil is a Moderate Buy with an average price target of $65.50, implying a 13.9% upside from current levels. In a report released yesterday, Bank of America Securities also reiterated a Buy rating on the stock with a $69.00 price target.
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Helmerich & Payne (HP)
In a report released today, Kurt Hallead from Benchmark Co. maintained a Hold rating on Helmerich & Payne. The company’s shares closed last Friday at $37.83.
According to TipRanks.com, Hallead is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Helmerich & Payne with a $42.30 average price target, which is a 7.9% upside from current levels. In a report issued on January 31, RBC Capital also maintained a Hold rating on the stock with a $48.00 price target.
Phillips 66 (PSX)
Mizuho Securities analyst Nitin Kumar CFA maintained a Hold rating on Phillips 66 on January 31 and set a price target of $135.00. The company’s shares closed last Friday at $145.47, close to its 52-week high of $148.72.
According to TipRanks.com, CFA is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Phillips 66 with a $145.62 average price target, representing a -0.2% downside. In a report issued on January 31, Bank of America Securities also maintained a Hold rating on the stock with a $150.00 price target.
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