tiprankstipranks
Blurbs

Analysts Conflicted on These Energy Names: Conocophillips (COP), Cameco (CCJ) and California Resources Corp (CRC)

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Conocophillips (COPResearch Report), Cameco (CCJResearch Report) and California Resources Corp (CRCResearch Report).

Conocophillips (COP)

In a report released yesterday, Roger Read from Wells Fargo maintained a Buy rating on Conocophillips, with a price target of $141.00. The company’s shares closed last Thursday at $113.90.

According to TipRanks.com, Read is a 5-star analyst with an average return of 9.3% and a 57.4% success rate. Read covers the NA sector, focusing on stocks such as Calumet Specialty Products, Liberty Oilfield Services, and HF Sinclair Corporation.

Currently, the analyst consensus on Conocophillips is a Strong Buy with an average price target of $139.00, representing a 22.9% upside. In a report issued on January 24, Raymond James also maintained a Buy rating on the stock with a $137.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Cameco (CCJ)

In a report released yesterday, Lawson Winder from Bank of America Securities maintained a Buy rating on Cameco, with a price target of $55.50. The company’s shares closed last Thursday at $44.72.

According to TipRanks.com, Winder ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -6.3% and a 41.1% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Commercial Metals Company, Pan American Silver, and Freeport-McMoRan.

Cameco has an analyst consensus of Strong Buy, with a price target consensus of $53.91, representing a 13.7% upside. In a report issued on February 2, Scotiabank also maintained a Buy rating on the stock with a C$70.00 price target.

California Resources Corp (CRC)

In a report released yesterday, Kalei Akamine from Bank of America Securities reiterated a Hold rating on California Resources Corp, with a price target of $64.00. The company’s shares closed last Thursday at $53.66.

Akamine has an average return of 5.2% when recommending California Resources Corp.

According to TipRanks.com, Akamine is ranked #5090 out of 8707 analysts.

California Resources Corp has an analyst consensus of Strong Buy, with a price target consensus of $67.75.

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.

Read More on COP:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles