There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Williams Co (WMB – Research Report), California Resources Corp (CRC – Research Report) and Chord Energy (CHRD – Research Report) with bullish sentiments.
Williams Co (WMB)
In a report issued on May 7, Gabe Moreen from Mizuho Securities maintained a Buy rating on Williams Co, with a price target of $43.00. The company’s shares closed last Thursday at $39.58, close to its 52-week high of $39.99.
According to TipRanks.com, Moreen is a 5-star analyst with an average return of
Currently, the analyst consensus on Williams Co is a Moderate Buy with an average price target of $40.33, a 2.2% upside from current levels. In a report issued on April 22, RBC Capital also maintained a Buy rating on the stock with a $40.00 price target.
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California Resources Corp (CRC)
Mizuho Securities analyst Nitin Kumar CFA reiterated a Buy rating on California Resources Corp on May 8 and set a price target of $63.00. The company’s shares closed last Thursday at $50.19.
According to TipRanks.com, CFA is a top 100 analyst with an average return of
Currently, the analyst consensus on California Resources Corp is a Moderate Buy with an average price target of $62.00, representing a 23.4% upside. In a report issued on April 23, Stifel Nicolaus also maintained a Buy rating on the stock with a $69.00 price target.
Chord Energy (CHRD)
Mizuho Securities analyst William Janela reiterated a Buy rating on Chord Energy on May 8 and set a price target of $195.00. The company’s shares closed last Thursday at $181.57, close to its 52-week high of $190.23.
According to TipRanks.com, Janela is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Chord Energy with a $212.57 average price target, a 17.4% upside from current levels. In a report issued on April 29, RBC Capital also maintained a Buy rating on the stock with a $200.00 price target.
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