Companies in the Energy sector have received a lot of coverage today as analysts weigh in on TC Energy (TRP – Research Report), Birchcliff Energy (BIREF – Research Report) and Obsidian Energy (OBE – Research Report).
TC Energy (TRP)
Stifel Nicolaus analyst Cole Pereira maintained a Buy rating on TC Energy today and set a price target of C$61.00. The company’s shares closed last Wednesday at $38.95.
According to TipRanks.com, Pereira is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TC Energy with a $40.80 average price target, implying a 4.9% upside from current levels. In a report issued on May 6, Scotiabank also maintained a Buy rating on the stock with a C$58.00 price target.
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Birchcliff Energy (BIREF)
Stifel Nicolaus analyst Michael Dunn maintained a Hold rating on Birchcliff Energy today and set a price target of C$5.50. The company’s shares closed last Wednesday at $4.32.
According to TipRanks.com, Dunn is a 1-star analyst with an average return of
Currently, the analyst consensus on Birchcliff Energy is a Hold with an average price target of $4.44, a 5.0% upside from current levels. In a report released today, Scotiabank also maintained a Hold rating on the stock with a C$7.00 price target.
Obsidian Energy (OBE)
In a report released today, Cody Kwong from Stifel Nicolaus maintained a Buy rating on Obsidian Energy, with a price target of C$14.00. The company’s shares closed last Wednesday at $7.55.
According to TipRanks.com, Kwong 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 Obsidian Energy with a $11.17 average price target, which is a 42.8% upside from current levels. In a report issued on May 3, BMO Capital also maintained a Buy rating on the stock with a C$17.00 price target.
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