There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Birchcliff Energy (BIREF – Research Report) and Diamondback (FANG – Research Report) with bullish sentiments.
Birchcliff Energy (BIREF)
In a report released today, Michael Harvey from RBC Capital maintained a Buy rating on Birchcliff Energy, with a price target of C$7.00. The company’s shares closed last Wednesday at $3.58, close to its 52-week low of $3.42.
According to TipRanks.com, Harvey is a 5-star analyst with an average return of
Birchcliff Energy has an analyst consensus of Hold, with a price target consensus of $4.78.
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Diamondback (FANG)
RBC Capital analyst Scott Hanold maintained a Buy rating on Diamondback yesterday and set a price target of $195.00. The company’s shares closed last Wednesday at $169.86, close to its 52-week high of $171.40.
Hanold has an average return of
According to TipRanks.com, Hanold is ranked #76 out of 8720 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Diamondback with a $187.05 average price target, implying an 11.5% upside from current levels. In a report issued on February 12, Benchmark Co. also maintained a Buy rating on the stock with a $154.00 price target.
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Read More on BIREF:
- Birchcliff Energy Ltd. Announces Unaudited 2023 Full-Year and Fourth Quarter Results and 2023 Reserves Highlights
- BIREF Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Birchcliff Energy downgraded to Market Perform from Outperform at Raymond James
- Birchcliff Energy price target lowered to C$5 from C$6.50 at Stifel
- Birchcliff Energy price target lowered to C$5 from C$6.50 at CIBC
