Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Magnolia Oil & Gas (MGY – Research Report) and Occidental Petroleum (OXY – Research Report).
Magnolia Oil & Gas (MGY)
In a report released yesterday, Hanwen Chang from Wells Fargo maintained a Hold rating on Magnolia Oil & Gas, with a price target of $21.00. The company’s shares closed last Wednesday at $20.42.
According to TipRanks.com, Chang is a 3-star analyst with an average return of
Magnolia Oil & Gas has an analyst consensus of Hold, with a price target consensus of $24.71.
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Occidental Petroleum (OXY)
Bank of America Securities analyst Doug Leggate reiterated a Buy rating on Occidental Petroleum yesterday and set a price target of $80.00. The company’s shares closed last Wednesday at $57.30.
According to TipRanks.com, Leggate 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 Occidental Petroleum with a $68.42 average price target, representing a 18.4% upside. In a report released today, TD Cowen also maintained a Buy rating on the stock with a $70.00 price target.
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