There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on TC Energy (TRP – Research Report), Northern Oil And Gas (NOG – Research Report) and Transocean (RIG – Research Report) with bullish sentiments.
TC Energy (TRP)
In a report released yesterday, Robert Kwan from RBC Capital assigned a Buy rating to TC Energy, with a price target of C$59.00. The company’s shares closed last Friday at $39.52.
Kwan has an average return of
According to TipRanks.com, Kwan is ranked #243 out of 8727 analysts.
Currently, the analyst consensus on TC Energy is a Moderate Buy with an average price target of $41.20, which is a 5.1% upside from current levels. In a report released today, Scotiabank also maintained a Buy rating on the stock with a C$58.00 price target.
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Northern Oil And Gas (NOG)
In a report released today, Scott Hanold from RBC Capital maintained a Buy rating on Northern Oil And Gas, with a price target of $46.00. The company’s shares closed last Friday at $34.12.
Hanold has an average return of
According to TipRanks.com, Hanold is ranked #52 out of 8727 analysts.
Currently, the analyst consensus on Northern Oil And Gas is a Moderate Buy with an average price target of $46.25, a 35.0% upside from current levels. In a report issued on February 9, Stifel Nicolaus also maintained a Buy rating on the stock with a $47.00 price target.
Transocean (RIG)
In a report released today, Kurt Hallead from Benchmark Co. maintained a Buy rating on Transocean, with a price target of $10.00. The company’s shares closed last Friday at $4.89, close to its 52-week low of $4.87.
According to TipRanks.com, Hallead is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Transocean with a $8.42 average price target.
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