There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Weatherford International (WFRD – Research Report), Baker Hughes Company (BKR – Research Report) and EQT (EQT – Research Report) with bullish sentiments.
Weatherford International (WFRD)
In a report released today, Luke Lemoine from Piper Sandler maintained a Buy rating on Weatherford International, with a price target of $180.00. The company’s shares closed last Tuesday at $118.09, close to its 52-week high of $127.45.
According to TipRanks.com, Lemoine is a 4-star analyst with an average return of
Weatherford International has an analyst consensus of Strong Buy, with a price target consensus of $151.25, which is a 31.2% upside from current levels. In a report issued on April 15, Bank of America Securities also maintained a Buy rating on the stock with a $135.00 price target.
See the top stocks recommended by analysts >>
Baker Hughes Company (BKR)
Stifel Nicolaus analyst Stephen Gengaro maintained a Buy rating on Baker Hughes Company today and set a price target of $40.00. The company’s shares closed last Tuesday at $33.00.
According to TipRanks.com, Gengaro is a 4-star analyst with an average return of
Baker Hughes Company has an analyst consensus of Strong Buy, with a price target consensus of $41.06, representing a 27.4% upside. In a report issued on April 11, RBC Capital also maintained a Buy rating on the stock with a $39.00 price target.
EQT (EQT)
Piper Sandler analyst Mark Lear maintained a Buy rating on EQT today and set a price target of $41.00. The company’s shares closed last Tuesday at $37.98.
According to TipRanks.com, Lear is a 5-star analyst with an average return of
EQT has an analyst consensus of Moderate Buy, with a price target consensus of $43.25, which is a 14.4% upside from current levels. In a report issued on April 11, Scotiabank also upgraded the stock to Buy with a $52.00 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 WFRD:
- Weatherford Announces $130 Million Credit Facility Increase to $680 Million and Notice to Redeem All of Its 6.50% Senior Notes Due 2028
- Weatherford Releases 2023 Digital Annual Update
- Weatherford price target raised to $135 from $123 at BofA
- Weatherford price target raised to $180 from $138 at Piper Sandler
- Weatherford price target raised to $155 from $115 at Benchmark
