Analysts have been eager to weigh in on the Utilities sector with new ratings on Sempra Energy (SRE) and Delek US Holdings (DK).
Sempra Energy (SRE)
In a report released today, Sarah Akers from Wells Fargo maintained a Buy rating on Sempra Energy, with a price target of $142.00. The company’s shares closed last Thursday at $128.23.
According to TipRanks.com, Akers is a 4-star analyst with an average return of 7.9% and a 69.8% success rate. Akers covers the Utilities sector, focusing on stocks such as South Jersey Industries, Chesapeake Utilities, and Centerpoint Energy.
Sempra Energy has an analyst consensus of Strong Buy, with a price target consensus of $146.40, implying a 14.6% upside from current levels. In a report issued on July 22, RBC Capital also maintained a Buy rating on the stock with a $137.00 price target.
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Delek US Holdings (DK)
Wells Fargo analyst Roger Read maintained a Hold rating on Delek US Holdings today and set a price target of $17.00. The company’s shares closed last Thursday at $14.32.
According to TipRanks.com, Read is a 2-star analyst with an average return of 0.2% and a 47.1% success rate. Read covers the Utilities sector, focusing on stocks such as Occidental Petroleum, Marathon Petroleum, and Conocophillips.
The word on The Street in general, suggests a Hold analyst consensus rating for Delek US Holdings with a $19.33 average price target, implying a 28.1% 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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