Analysts have been eager to weigh in on the Utilities sector with new ratings on Dominion Energy (D), Gran Tierra Energy (GTE) and Suncor Energy (SU).
Dominion Energy (D)
In a report released today, James Thalacker from BMO Capital maintained a Buy rating on Dominion Energy, with a price target of $87.00. The company’s shares closed last Wednesday at $78.70.
According to TipRanks.com, Thalacker is a 3-star analyst with an average return of 4.0% and a 64.3% success rate. Thalacker covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Sempra Energy.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Dominion Energy with a $86.80 average price target, implying a 9.5% upside from current levels. In a report issued on April 21, KeyBanc also maintained a Buy rating on the stock with a $82.00 price target.
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Gran Tierra Energy (GTE)
In a report released today, Mike Murphy CFA from BMO Capital maintained a Hold rating on Gran Tierra Energy, with a price target of $1.15. The company’s shares closed last Wednesday at $0.74.
According to TipRanks.com, CFA has 0 stars on 0-5 stars ranking scale with an average return of -6.8% and a 50.0% success rate. CFA covers the Utilities sector, focusing on stocks such as Advantage Oil & Gas, Parex Resources, and Frontera Energy.
Gran Tierra Energy has an analyst consensus of Hold, with a price target consensus of $1.03.
Suncor Energy (SU)
BMO Capital analyst Randy Ollenberger maintained a Buy rating on Suncor Energy today and set a price target of $37.00. The company’s shares closed last Wednesday at $22.33, close to its 52-week high of $23.69.
According to TipRanks.com, Ollenberger is a 2-star analyst with an average return of 0.8% and a 49.5% success rate. Ollenberger covers the Utilities sector, focusing on stocks such as Advantage Oil & Gas, Canadian Natural, and ARC Resources.
Suncor Energy has an analyst consensus of Strong Buy, with a price target consensus of $28.74, representing a 29.5% upside. In a report issued on April 23, Barclays also maintained a Buy rating on the stock with a C$39.00 price target.
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