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Analysts Offer Insights on Energy Companies: Chevron (CVX) and Ranger Energy Services (RNGR)

Analysts have been eager to weigh in on the Energy sector with new ratings on Chevron (CVXResearch Report) and Ranger Energy Services (RNGRResearch Report).

Chevron (CVX)

In a report released yesterday, Suvro Sarkar from DBS maintained a Buy rating on Chevron, with a price target of $182.00. The company’s shares closed last Tuesday at $162.00.

According to TipRanks.com, Sarkar is a 4-star analyst with an average return of 9.2% and a 74.2% success rate. Sarkar covers the NA sector, focusing on stocks such as Conocophillips, Valero Energy, and EOG Resources.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Chevron with a $180.20 average price target, which is an 11.3% upside from current levels. In a report issued on April 1, Goldman Sachs also maintained a Buy rating on the stock.

See the top stocks recommended by analysts >>

Ranger Energy Services (RNGR)

Barclays analyst Derek Podhaizer maintained a Hold rating on Ranger Energy Services today and set a price target of $12.00. The company’s shares closed last Tuesday at $11.77.

According to TipRanks.com, Podhaizer is a 3-star analyst with an average return of 3.8% and a 59.7% success rate. Podhaizer covers the NA sector, focusing on stocks such as Liberty Oilfield Services, Atlas Energy Solutions, and US Silica Holdings.

The word on The Street in general, suggests a Hold analyst consensus rating for Ranger Energy Services with a $12.50 average price target, a 6.1% upside from current levels. In a report issued on April 8, Piper Sandler also maintained a Hold rating on the stock with a $13.00 price target.

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