Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Noble Energy (NBL) and EQT Corporation (EQT).
Noble Energy (NBL)
Piper Jaffray analyst Kashy Harrison reiterated a Buy rating on Noble Energy on November 15 and set a price target of $37. The company’s shares opened today at $24.66, close to its 52-week low of $23.83.
According to TipRanks.com, Harrison is a 1-star analyst with an average return of -4.3% and a 35.0% success rate. Harrison covers the Basic Materials sector, focusing on stocks such as Sanchez Energy Corporation, Continental Resources, and Gulfport Energy Corp.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Noble Energy with a $39.83 average price target, implying a 61.5% upside from current levels. In a report issued on November 7, Raymond James also upgraded the stock to Buy with a $40 price target.
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EQT Corporation (EQT)
SunTrust Robinson analyst Welles Fitzpatrick reiterated a Hold rating on EQT Corporation on November 15 and set a price target of $23. The company’s shares opened today at $16.52.
According to TipRanks.com, Fitzpatrick is ranked #4570 out of 4897 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for EQT Corporation with a $37.33 average price target, a 126.0% upside from current levels. In a report issued on November 12, BMO Capital also reiterated a Hold rating on the stock with a $35 price target.
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