There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Enbridge (ENB – Research Report) and Baytex Energy (BTE – Research Report) with bullish sentiments.
Enbridge (ENB)
RBC Capital analyst Robert Kwan assigned a Buy rating to Enbridge yesterday and set a price target of C$54.00. The company’s shares closed last Friday at $37.80.
Kwan has an average return of
According to TipRanks.com, Kwan is ranked #158 out of 8844 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Enbridge with a $37.71 average price target.
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Baytex Energy (BTE)
RBC Capital analyst Gregory Pardy maintained a Buy rating on Baytex Energy today and set a price target of C$6.50. The company’s shares closed last Friday at $3.45.
According to TipRanks.com, Pardy is a top 100 analyst with an average return of
Currently, the analyst consensus on Baytex Energy is a Moderate Buy with an average price target of $4.73.
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Read More on ENB:
- Enbridge Inc. Posts Strong Q1 Earnings Growth
- Options Volatility and Implied Earnings Moves Today, May 10, 2024
- Enbridge Reports Record First Quarter 2024 Financial Results, Reaffirms Financial Guidance and Advances Strategic Priorities
- Enbridge reports Q1 adjusted EPS C$0.92 vs C$0.85 last year
- Enbridge Welcomes New Director, Commits to Sustainability
