Analysts have been eager to weigh in on the Utilities sector with new ratings on Diamondback (FANG), Kosmos Energy (KOS) and Delek US Holdings (DK).
Diamondback (FANG)
In a report issued on August 4, Scott Hanold from RBC Capital maintained a Buy rating on Diamondback, with a price target of $50.00. The company’s shares closed last Thursday at $40.66.
According to TipRanks.com, Hanold ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -14.0% and a 32.5% success rate. Hanold covers the Utilities sector, focusing on stocks such as Centennial Resource Development, Southwestern Energy, and Matador Resources.
Diamondback has an analyst consensus of Strong Buy, with a price target consensus of $54.28, a 32.1% upside from current levels. In a report issued on July 20, Northland Securities also maintained a Buy rating on the stock with a $50.00 price target.
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Kosmos Energy (KOS)
In a report issued on August 4, Al Stanton from RBC Capital maintained a Hold rating on Kosmos Energy, with a price target of $1.40. The company’s shares closed last Thursday at $1.45, close to its 52-week low of $0.50.
According to TipRanks.com, Stanton is a 2-star analyst with an average return of 0.0% and a 38.9% success rate. Stanton covers the Utilities sector, focusing on stocks such as Gran Tierra Energy, Parex Resources, and Genel Energy.
Kosmos Energy has an analyst consensus of Moderate Buy, with a price target consensus of $2.36.
Delek US Holdings (DK)
RBC Capital analyst Brad Heffern maintained a Hold rating on Delek US Holdings yesterday and set a price target of $18.00. The company’s shares closed last Thursday at $15.00.
According to TipRanks.com, Heffern is a 2-star analyst with an average return of 0.1% and a 42.4% success rate. Heffern covers the Utilities sector, focusing on stocks such as Continental Resources, Par Pacific Holdings, and Extraction Oil & Gas.
Currently, the analyst consensus on Delek US Holdings is a Hold with an average price target of $19.50, a 29.2% upside from current levels. In a report released yesterday, Cowen & Co. also maintained a Hold rating on the stock with a $19.00 price target.
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