Analysts have been eager to weigh in on the Energy sector with new ratings on Magnolia Oil & Gas (MGY – Research Report) and ChampionX (CHX – Research Report).
Magnolia Oil & Gas (MGY)
Piper Sandler analyst Mark Lear maintained a Buy rating on Magnolia Oil & Gas today and set a price target of $29.00. The company’s shares closed last Friday at $21.42.
According to TipRanks.com, Lear is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Magnolia Oil & Gas with a $24.94 average price target, implying a 15.9% upside from current levels. In a report issued on February 14, Goldman Sachs also maintained a Buy rating on the stock with a $24.50 price target.
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ChampionX (CHX)
Piper Sandler analyst Luke Lemoine maintained a Hold rating on ChampionX today and set a price target of $32.00. The company’s shares closed last Friday at $30.25.
According to TipRanks.com, Lemoine is a 2-star analyst with an average return of
Currently, the analyst consensus on ChampionX is a Strong Buy with an average price target of $36.25.
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