Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Equitrans Midstream (ETRN – Research Report) and Devon Energy (DVN – Research Report).
Equitrans Midstream (ETRN)
RBC Capital analyst Elvira Scotto maintained a Buy rating on Equitrans Midstream on March 6 and set a price target of $13.00. The company’s shares closed last Thursday at $11.08, close to its 52-week high of $11.17.
According to TipRanks.com, Scotto is a top 100 analyst with an average return of
Currently, the analyst consensus on Equitrans Midstream is a Moderate Buy with an average price target of $11.75, implying a 5.8% upside from current levels. In a report issued on February 21, Goldman Sachs also maintained a Buy rating on the stock with a $11.50 price target.
See Insiders’ Hot Stocks on TipRanks >>
Devon Energy (DVN)
RBC Capital analyst Scott Hanold maintained a Hold rating on Devon Energy on March 6 and set a price target of $55.00. The company’s shares closed last Thursday at $45.89.
According to TipRanks.com, Hanold is ranked #40 out of 8757 analysts.
Currently, the analyst consensus on Devon Energy is a Moderate Buy with an average price target of $53.40, implying a 17.5% upside from current levels. In a report issued on February 27, Wells Fargo also maintained a Hold rating on the stock with a $46.00 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 ETRN:
- Equitrans Midstream price target raised to $11 from $6 at Barclays
- Equitrans Midstream’s Strategic Senior Notes Offering and Debt Management
- Equitrans Launches Private Senior Notes Offering
- Equitrans Midstream sees 2024 net income $375M-$455M
- Equitrans Midstream reports Q4 adjusted EPS 32c, consensus 20c
