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Analysts’ Top Utilities Picks: ENN Energy Holdings (XNGSF), Evergy (EVRG)

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on ENN Energy Holdings (XNGSFResearch Report) and Evergy (EVRGResearch Report) with bullish sentiments.

ENN Energy Holdings (XNGSF)

Citi analyst Pierre Lau reiterated a Buy rating on ENN Energy Holdings today. The company’s shares closed last Monday at $7.73.

Lau has an average return of 2.0% when recommending ENN Energy Holdings.

According to TipRanks.com, Lau is ranked #6226 out of 8763 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ENN Energy Holdings with a $10.74 average price target, which is a 38.9% upside from current levels. In a report issued on March 24, DBS also maintained a Buy rating on the stock with a HK$98.00 price target.

See the top stocks recommended by analysts >>

Evergy (EVRG)

Evergy received a Buy rating and a $64.00 price target from Citi analyst Ryan Levine yesterday. The company’s shares closed last Monday at $51.42.

According to TipRanks.com, Levine is a 3-star analyst with an average return of 3.8% and a 55.6% success rate. Levine covers the Utilities sector, focusing on stocks such as Eversource Energy, Fluence Energy, and Southwest Gas.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Evergy with a $57.00 average price target, implying a 10.1% upside from current levels. In a report issued on March 13, Bank of America Securities also upgraded the stock to Buy with a $57.00 price target.

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