Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Suncor Energy (SU), WPX Energy (WPX) and Northwestern (NWE).
Suncor Energy (SU)
In a report released yesterday, Manav Gupta from Credit Suisse maintained a Buy rating on Suncor Energy, with a price target of C$31.00. The company’s shares closed last Thursday at $16.00.
According to TipRanks.com, Gupta is a 1-star analyst with an average return of -6.6% and a 44.0% success rate. Gupta covers the Utilities sector, focusing on stocks such as Par Pacific Holdings, Paramount Resources, and Marathon Petroleum.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Suncor Energy with a $23.07 average price target, a 43.6% upside from current levels. In a report issued on July 15, Raymond James also maintained a Buy rating on the stock with a C$31.00 price target.
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WPX Energy (WPX)
Credit Suisse analyst William Janela maintained a Buy rating on WPX Energy yesterday and set a price target of $8.00. The company’s shares closed last Thursday at $5.89.
According to TipRanks.com, Janela is a 4-star analyst with an average return of 23.2% and a 63.2% success rate. Janela covers the Utilities sector, focusing on stocks such as Centennial Resource Development, Continental Resources, and Magnolia Oil & Gas.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for WPX Energy with a $8.54 average price target, representing a 49.0% upside. In a report issued on July 14, Cowen & Co. also maintained a Buy rating on the stock with a $12.00 price target.
Northwestern (NWE)
Credit Suisse analyst Michael Weinstein W. maintained a Hold rating on Northwestern today and set a price target of $64.00. The company’s shares closed last Thursday at $55.86.
According to TipRanks.com, W. is a 5-star analyst with an average return of 18.6% and a 63.4% success rate. W. covers the Utilities sector, focusing on stocks such as Nextera Energy Partners, Pinnacle West Capital, and Consolidated Edison.
Northwestern has an analyst consensus of Moderate Buy, with a price target consensus of $62.00.
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