Analysts have been eager to weigh in on the Utilities sector with new ratings on CMS Energy (CMS) and Magnolia Oil & Gas Corporation (MGY).
CMS Energy (CMS)
SunTrust Robinson analyst Ali Agha maintained a Hold rating on CMS Energy today and set a price target of $63.00. The company’s shares closed last Monday at $64.54, close to its 52-week high of $65.31.
According to TipRanks.com, Agha is a 5-star analyst with an average return of 12.6% and a 79.1% success rate. Agha covers the Utilities sector, focusing on stocks such as American Electric Power, Edison International, and Centerpoint Energy.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CMS Energy with a $65.50 average price target, which is a 2.1% upside from current levels. In a report issued on September 25, Barclays also maintained a Hold rating on the stock with a $64.00 price target.
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Magnolia Oil & Gas Corporation (MGY)
In a report released today, Kashy Harrison from Piper Jaffray maintained a Buy rating on Magnolia Oil & Gas Corporation, with a price target of $13.00. The company’s shares closed last Monday at $10.94.
According to TipRanks.com, Harrison ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -17.9% and a 22.2% success rate. Harrison covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Jagged Peak Energy Inc, and Whiting Petroleum Corp.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Magnolia Oil & Gas Corporation with a $14.43 average price target.
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