There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Baker Hughes Company (BKR – Research Report), Matador Resources (MTDR – Research Report) and Whitecap Resources (SPGYF – Research Report) with bullish sentiments.
Baker Hughes Company (BKR)
In a report released yesterday, Keith Mackey from RBC Capital maintained a Buy rating on Baker Hughes Company, with a price target of $39.00. The company’s shares closed last Wednesday at $32.67.
According to TipRanks.com, Mackey is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Baker Hughes Company with a $40.46 average price target, representing a 23.5% upside. In a report issued on April 15, Bank of America Securities also maintained a Buy rating on the stock with a $40.00 price target.
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Matador Resources (MTDR)
In a report released yesterday, Scott Hanold from RBC Capital maintained a Buy rating on Matador Resources, with a price target of $70.00. The company’s shares closed last Wednesday at $65.29.
Hanold has an average return of
According to TipRanks.com, Hanold is ranked #9 out of 8795 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Matador Resources with a $76.22 average price target, which is a 12.9% upside from current levels. In a report issued on April 19, Truist Financial also maintained a Buy rating on the stock.
Whitecap Resources (SPGYF)
In a report released today, Luke Davis from RBC Capital maintained a Buy rating on Whitecap Resources, with a price target of C$14.00. The company’s shares closed last Wednesday at $7.84.
According to TipRanks.com, Davis is a top 100 analyst with an average return of
Currently, the analyst consensus on Whitecap Resources is a Strong Buy with an average price target of $9.98, implying a 27.8% upside from current levels. In a report issued on April 16, Jefferies also maintained a Buy rating on the stock with a C$12.00 price target.
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