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Analysts Offer Insights on Energy Companies: Paladin Energy Ltd (OtherPALAD) and Whitehaven Coal Limited (OtherWHITF)

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Paladin Energy Ltd (PALADResearch Report) and Whitehaven Coal Limited (WHITFResearch Report) with bullish sentiments.

Paladin Energy Ltd (PALAD)

In a report released today, Jon Scholtz from Macquarie maintained a Buy rating on Paladin Energy Ltd, with a price target of A$15.00. The company’s shares closed last Friday at $9.04.

Scholtz has an average return of 21.9% when recommending Paladin Energy Ltd.

According to TipRanks.com, Scholtz is ranked #6488 out of 8786 analysts.

Paladin Energy Ltd has an analyst consensus of Strong Buy, with a price target consensus of $10.38, representing a 12.2% upside. In a report issued on April 9, Canaccord Genuity also maintained a Buy rating on the stock with a A$15.50 price target.

See Insiders’ Hot Stocks on TipRanks >>

Whitehaven Coal Limited (WHITF)

Ord Minnett analyst Tim Elder maintained a Buy rating on Whitehaven Coal Limited today and set a price target of A$8.80. The company’s shares closed last Friday at $5.13.

Elder has an average return of 7.2% when recommending Whitehaven Coal Limited.

According to TipRanks.com, Elder is ranked #4340 out of 8786 analysts.

Currently, the analyst consensus on Whitehaven Coal Limited is a Moderate Buy with an average price target of $5.45, representing an 8.3% upside. In a report issued on April 10, UBS also upgraded the stock to Buy with a A$8.70 price target.

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