Analysts Offer Insights on Materials Companies: Jagged Peak Energy Inc (KELTF), Marathon Oil (MRO) and Kelt Exploration Ltd (KELTF)


There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Jagged Peak Energy Inc (JAG), Marathon Oil (MRO) and Kelt Exploration Ltd (KELTF) with bullish sentiments.

Jagged Peak Energy Inc (JAG)

In a report released today, Dan McSpirit from BMO Capital reiterated a Buy rating on Jagged Peak Energy Inc, with a price target of $15. The company’s shares opened today at $11.53, close to its 52-week low of $10.55.

According to TipRanks.com, McSpirit is a 2-star analyst with an average return of -0.2% and a 42.9% success rate. McSpirit covers the Basic Materials sector, focusing on stocks such as Extraction Oil & Gas, Southwestern Energy, and Diamondback.

Jagged Peak Energy Inc has an analyst consensus of Moderate Buy, with a price target consensus of $17.50.

See today’s analyst top recommended stocks >>

Marathon Oil (MRO)

In a report released yesterday, Phillip Jungwirth from BMO Capital reiterated a Buy rating on Marathon Oil, with a price target of $22. The company’s shares opened today at $17.19.

According to TipRanks.com, Jungwirth is a 3-star analyst with an average return of 2.1% and a 46.4% success rate. Jungwirth covers the Basic Materials sector, focusing on stocks such as Continental Resources, Anadarko Petroleum, and Concho Resources.

Marathon Oil has an analyst consensus of Moderate Buy, with a price target consensus of $25.89.

Kelt Exploration Ltd (KELTF)

BMO Capital analyst Ray Kwan reiterated a Buy rating on Kelt Exploration Ltd on November 9. The company’s shares closed on Friday at $3.74, equals to its 52-week low of $3.74.

According to TipRanks.com, Kwan has currently no stars on a ranking scale of 0-5 stars, with an average return of -8.5% and a 33.9% success rate. Kwan covers the Basic Materials sector, focusing on stocks such as Tamarack Valley Energy Ltd, Paramount Resources Ltd, and Pengrowth Energy Corp.

Kelt Exploration Ltd has an analyst consensus of Strong Buy.

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