Analysts Have Conflicting Sentiments on These Energy Companies: Scorpio Tankers (STNG) and Excelerate Energy, Inc. Class A (EE)

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Scorpio Tankers (STNG – Research Report) and Excelerate Energy, Inc. Class A (EE – Research Report).

Scorpio Tankers (STNG)

BTIG analyst Gregory Lewis maintained a Buy rating on Scorpio Tankers yesterday and set a price target of $80.00. The company’s shares closed last Wednesday at $66.80.

According to TipRanks.com, Lewis is a 1-star analyst with an average return of -1.6% and a 43.7% success rate. Lewis covers the Industrial Goods sector, focusing on stocks such as Eagle Bulk Shipping, Golden Ocean Group, and Chart Industries.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Scorpio Tankers with a $80.44 average price target, implying a 19.8% upside from current levels. In a report issued on February 15, Evercore ISI also maintained a Buy rating on the stock with a $91.00 price target.

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Excelerate Energy, Inc. Class A (EE)

Wells Fargo analyst Michael Blum maintained a Hold rating on Excelerate Energy, Inc. Class A yesterday and set a price target of $18.00. The company’s shares closed last Wednesday at $13.89, close to its 52-week low of $13.38.

According to TipRanks.com, Blum is a 5-star analyst with an average return of 8.5% and a 62.3% success rate. Blum covers the NA sector, focusing on stocks such as Enterprise Products Partners, Cheniere Energy Partners, and Equitrans Midstream.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Excelerate Energy, Inc. Class A with a $21.40 average price target, representing a 52.6% upside. In a report issued on February 13, Morgan Stanley also maintained a Hold rating on the stock with a $19.00 price target.

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Read More on STNG:

• Scorpio Tankers participates in a conference call with BTIG
• Scorpio Tankers price target raised to $80 from $74 at Deutsche Bank
• Scorpio Tankers announces MOU licensing for fuel emulsion systems for fleet
• Scorpio Tankers Inc. Announces MOU Licensing FOWE Fuel-Saving Devices for Entire Fleet
• Scorpio Tankers put volume heavy and directionally bearish