There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on APA (APA – Research Report) and Precision Drilling (PDS – Research Report) with bullish sentiments.
APA (APA)
In a report released today, Subash Chandra from Benchmark Co. maintained a Buy rating on APA, with a price target of $36.00. The company’s shares closed last Friday at $32.49.
According to TipRanks.com, Chandra is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for APA with a $39.83 average price target, which is a 23.5% upside from current levels. In a report issued on April 22, Susquehanna also maintained a Buy rating on the stock with a $54.00 price target.
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Precision Drilling (PDS)
In a report issued on April 26, Keith Mackey from RBC Capital maintained a Buy rating on Precision Drilling, with a price target of C$122.00. The company’s shares closed last Friday at $72.30, close to its 52-week high of $77.21.
According to TipRanks.com, Mackey is a top 100 analyst with an average return of
Currently, the analyst consensus on Precision Drilling is a Strong Buy with an average price target of $92.28, which is a 33.4% upside from current levels. In a report issued on April 18, Stifel Nicolaus also maintained a Buy rating on the stock with a C$125.00 price target.
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