Analysts have been eager to weigh in on the Energy sector with new ratings on Transocean (RIG – Research Report), Tenaris SA (TS – Research Report) and APA (APA – Research Report).
Transocean (RIG)
Barclays analyst Eddie Kim maintained a Hold rating on Transocean today and set a price target of $6.00. The company’s shares closed last Wednesday at $5.27.
According to TipRanks.com, Kim is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Transocean with a $8.00 average price target, a 54.7% upside from current levels. In a report issued on April 18, Morgan Stanley also maintained a Hold rating on the stock with a $8.00 price target.
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Tenaris SA (TS)
Barclays analyst David Anderson maintained a Buy rating on Tenaris SA today and set a price target of $48.00. The company’s shares closed last Wednesday at $33.24.
According to TipRanks.com, Anderson is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tenaris SA with a $44.60 average price target, which is a 35.2% upside from current levels. In a report issued on April 29, Stifel Nicolaus also maintained a Buy rating on the stock with a $42.00 price target.
APA (APA)
In a report released today, Betty Jiang from Barclays maintained a Hold rating on APA, with a price target of $38.00. The company’s shares closed last Wednesday at $30.50, close to its 52-week low of $29.47.
According to TipRanks.com, Jiang is a 1-star analyst with an average return of
APA has an analyst consensus of Hold, with a price target consensus of $39.06, implying a 25.6% upside from current levels. In a report issued on April 24, Scotiabank also maintained a Hold rating on the stock with a $37.00 price target.
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Read More on RIG:
- Transocean Ltd. Announces Consent Solicitation for 8.375% Senior Secured Notes due 2028
- Transocean reports Q1 adjusted EPS (3c), consensus (14c)
- Transocean options imply 7.6% move in share price post-earnings
- RIG Upcoming Earnings Report: What to Expect?
- Transocean call volume above normal and directionally bullish
