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Analysts Have Conflicting Sentiments on These Energy Companies: Baytex Energy (BTE) and Chevron (CVX)

Tipranks - Wed Feb 4, 9:06AM CST

Analysts have been eager to weigh in on the Energy sector with new ratings on Baytex Energy (BTEResearch Report) and Chevron (CVXResearch Report).

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Baytex Energy (BTE)

In a report released today, Amir Arif from ATB Capital Markets maintained a Hold rating on Baytex Energy, with a price target of C$5.00. The company’s shares closed last Tuesday at $3.50.

According to TipRanks.com, Arif is ranked #508 out of 12040 analysts.

Currently, the analyst consensus on Baytex Energy is a Moderate Buy with an average price target of $3.85.

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Chevron (CVX)

Argus Research analyst Bill Selesky maintained a Buy rating on Chevron yesterday and set a price target of $203.00. The company’s shares closed last Tuesday at $175.22.

According to TipRanks.com, Selesky is a 4-star analyst with an average return of 7.3% and a 58.2% success rate. Selesky covers the NA sector, focusing on stocks such as Helmerich & Payne, Devon Energy, and Enbridge. ;'>

Chevron has an analyst consensus of Moderate Buy, with a price target consensus of $185.53, representing a 6.7% upside. In a report issued on January 28, TipRanks – OpenAI also upgraded the stock to Buy with a $190.00 price target.

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