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Analysts’ Top Energy Picks: APA (APA), California Resources Corp (CRC)

Analysts fell to the sidelines weighing in on APA (APAResearch Report) and California Resources Corp (CRCResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

APA (APA)

Barclays analyst Jeanine Wai maintained a Hold rating on APA today and set a price target of $38.00. The company’s shares closed last Thursday at $30.51, close to its 52-week low of $28.90.

According to TipRanks.com, Wai is ranked #1275 out of 8864 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for APA with a $38.76 average price target, which is a 26.9% upside from current levels. In a report issued on May 2, Scotiabank also maintained a Hold rating on the stock with a $37.00 price target.

See today’s best-performing stocks on TipRanks >>

California Resources Corp (CRC)

In a report released today, Betty Jiang from Barclays maintained a Hold rating on California Resources Corp, with a price target of $62.00. The company’s shares closed last Thursday at $49.25.

According to TipRanks.com, Jiang is a 1-star analyst with an average return of -2.4% and a 38.8% success rate. Jiang covers the NA sector, focusing on stocks such as Occidental Petroleum, Chesapeake Energy, and Antero Resources.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for California Resources Corp with a $62.17 average price target.

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