This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts’ Opinions Are Mixed on These Energy Stocks: Antero Resources (AR) and Cameco (CCJ)

Tipranks - Sat Jun 6, 8:12AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Antero Resources (AR) and Cameco (CCJ).

Claim 55% Off TipRanks

Antero Resources (AR)

In a report released yesterday, Sam Margolin from Wells Fargo assigned a Buy rating to Antero Resources, with a price target of $52.00. The company’s shares closed last Thursday at $37.10.

According to TipRanks.com, Margolin is a 5-star analyst with an average return of 13.5% and a 71.4% success rate. Margolin covers the NA sector, focusing on stocks such as Tamboran Resources Corporation, California Resources Corp, and HF Sinclair Corporation. ;'>

Currently, the analyst consensus on Antero Resources is a Moderate Buy with an average price target of $48.88, which is a 34.2% upside from current levels. In a report released today, TipRanks – xAI also upgraded the stock to Buy with a $41.00 price target.

See the top stocks recommended by analysts >>

Cameco (CCJ)

In a report released yesterday, Richard Garchitorena from Barclays maintained a Hold rating on Cameco, with a price target of $108.00. The company’s shares closed last Thursday at $114.02.

According to TipRanks.com, Garchitorena is a 4-star analyst with an average return of 12.2% and a 64.7% success rate. Garchitorena covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Cleveland-Cliffs, and Freeport-McMoRan. ;'>

Cameco has an analyst consensus of Strong Buy, with a price target consensus of $124.97, representing a 9.7% upside. In a report issued on May 21, TipRanks – PerPlexity also downgraded the stock to Hold with a C$154.00 price target.

Read More on AR:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.