There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Cenovus Energy (CVE – Research Report), California Resources Corp (CRC – Research Report) and Clean Energy Fuels (CLNE – Research Report) with bullish sentiments.
Cenovus Energy (CVE)
RBC Capital analyst Gregory Pardy maintained a Buy rating on Cenovus Energy yesterday and set a price target of C$28.00. The company’s shares closed last Tuesday at $17.54.
According to TipRanks.com, Pardy is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cenovus Energy with a $21.77 average price target, which is a 24.3% upside from current levels. In a report issued on February 23, UBS also upgraded the stock to Buy with a C$31.00 price target.
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California Resources Corp (CRC)
RBC Capital analyst Scott Hanold maintained a Buy rating on California Resources Corp yesterday and set a price target of $70.00. The company’s shares closed last Tuesday at $53.27.
Hanold has an average return of
According to TipRanks.com, Hanold is ranked #40 out of 8757 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for California Resources Corp with a $68.75 average price target.
Clean Energy Fuels (CLNE)
Scotiabank analyst Paul Cheng maintained a Buy rating on Clean Energy Fuels today and set a price target of $6.00. The company’s shares closed last Tuesday at $2.76, close to its 52-week low of $2.74.
According to TipRanks.com, Cheng is a 4-star analyst with an average return of
Clean Energy Fuels has an analyst consensus of Strong Buy, with a price target consensus of $8.14, a 183.6% upside from current levels. In a report issued on February 28, Craig-Hallum also reiterated a Buy rating on the stock.
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