Analysts have been eager to weigh in on the Energy sector with new ratings on Vermilion Energy (VET – Research Report), Enbridge (ENB – Research Report) and Paramount Resources (PRMRF – Research Report).
Vermilion Energy (VET)
National Bank analyst Travis Wood maintained a Buy rating on Vermilion Energy today and set a price target of C$21.00. The company’s shares closed last Thursday at $11.16.
According to TipRanks.com, Wood is a top 100 analyst with an average return of
Currently, the analyst consensus on Vermilion Energy is a Moderate Buy with an average price target of $15.83, which is a 40.5% upside from current levels. In a report issued on February 29, Stifel Nicolaus also maintained a Buy rating on the stock with a C$20.25 price target.
See today’s best-performing stocks on TipRanks >>
Enbridge (ENB)
National Bank analyst Patrick Kenny maintained a Hold rating on Enbridge today and set a price target of C$52.00. The company’s shares closed last Thursday at $35.61.
According to TipRanks.com, Kenny is a 5-star analyst with an average return of
Currently, the analyst consensus on Enbridge is a Hold with an average price target of $38.00, representing a 7.6% upside. In a report released yesterday, Barclays also maintained a Hold rating on the stock with a C$51.00 price target.
Paramount Resources (PRMRF)
In a report released today, Jamie Kubik from CIBC maintained a Hold rating on Paramount Resources, with a price target of C$30.00. The company’s shares closed last Thursday at $20.74.
According to TipRanks.com, Kubik is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Paramount Resources with a $24.71 average price target, implying a 23.6% upside from current levels. In a report released today, RBC Capital also maintained a Hold rating on the stock with a C$32.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on VET:
- Vermilion Energy’s Solid 2023 Financial Performance
- Vermilion Energy Sets April Cash Dividend
- Vermilion Energy Inc. Announces $0.12 CDN Cash Dividend for April 15, 2024 Payment Date
- Vermilion Energy Inc. Announces Results for the Year Ended December 31, 2023 and Accelerated Return of Capital
- Vermilion Energy options imply 7.3% move in share price post-earnings
