There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Precision Drilling (PDS – Research Report) and Exxon Mobil (XOM – Research Report) with bullish sentiments.
Precision Drilling (PDS)
In a report released today, Luke Lemoine from Piper Sandler maintained a Buy rating on Precision Drilling, with a price target of $101.00. The company’s shares closed last Friday at $71.12.
According to TipRanks.com, Lemoine is a 4-star analyst with an average return of
Currently, the analyst consensus on Precision Drilling is a Strong Buy with an average price target of $94.02, implying a 33.1% upside from current levels. In a report issued on April 26, CIBC also maintained a Buy rating on the stock with a C$130.00 price target.
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Exxon Mobil (XOM)
Piper Sandler analyst Ryan Todd maintained a Buy rating on Exxon Mobil today and set a price target of $145.00. The company’s shares closed last Friday at $116.00.
According to TipRanks.com, Todd is a 5-star analyst with an average return of
Currently, the analyst consensus on Exxon Mobil is a Moderate Buy with an average price target of $135.00, representing a 16.4% upside. In a report issued on April 29, Wells Fargo also assigned a Buy rating to the stock with a $142.00 price target.
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