There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on International Seaways (INSW – Research Report) and Energy Transfer (ET – Research Report) with bullish sentiments.
International Seaways (INSW)
In a report released yesterday, Gregory Lewis from BTIG reiterated a Buy rating on International Seaways, with a price target of $70.00. The company’s shares closed last Wednesday at $61.29, close to its 52-week high of $61.55.
According to TipRanks.com, Lewis is a 2-star analyst with an average return of
Currently, the analyst consensus on International Seaways is a Moderate Buy with an average price target of $67.00.
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Energy Transfer (ET)
Wells Fargo analyst Michael Blum maintained a Buy rating on Energy Transfer yesterday and set a price target of $18.00. The company’s shares closed last Wednesday at $16.25, close to its 52-week high of $16.28.
According to TipRanks.com, Blum is a 5-star analyst with an average return of
Currently, the analyst consensus on Energy Transfer is a Strong Buy with an average price target of $18.44, which is a 14.2% upside from current levels. In a report released today, Barclays also assigned a Buy rating to the stock with a $18.00 price target.
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Read More on INSW:
- International Seaways Announces Significant Q2 Dividend Payout
- International Seaways management to meet with BTIG
- International Seaways to Expand Board and Announce Director Changes
- International Seaways price target raised to $64 from $63 at Stifel
- Seeking at Least 9% Dividend Yield? Analysts Suggest 2 Dividend Stocks to Buy
