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Analysts Have Conflicting Sentiments on These Energy Companies: Baytex Energy (BTE) and Excelerate Energy, Inc. Class A (EE)

Tipranks - Fri Mar 6, 10:14AM CST

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Baytex Energy (BTEResearch Report) and Excelerate Energy, Inc. Class A (EEResearch Report).

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Baytex Energy (BTE)

In a report released today, Menno Hulshof from TD Cowen reiterated a Hold rating on Baytex Energy, with a price target of C$5.50. The company’s shares closed last Thursday at $3.95, close to its 52-week high of $4.08.

According to TipRanks.com, Hulshof is a 4-star analyst with an average return of 4.9% and a 49.6% success rate. Hulshof covers the NA sector, focusing on stocks such as Vermilion Energy, Cenovus Energy, and Imperial Oil. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Baytex Energy with a $3.88 average price target, representing a 1.8% upside. In a report released today, Raymond James also downgraded the stock to Hold with a C$5.50 price target.

See the top stocks recommended by analysts >>

Excelerate Energy, Inc. Class A (EE)

Jefferies analyst Emma Schwartz maintained a Buy rating on Excelerate Energy, Inc. Class A today and set a price target of $50.00. The company’s shares closed last Thursday at $37.33.

Schwartz has an average return of 36.3% when recommending Excelerate Energy, Inc. Class A. ;'>

According to TipRanks.com, Schwartz is ranked #3567 out of 12134 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Excelerate Energy, Inc. Class A with a $43.43 average price target, a 13.8% upside from current levels. In a report issued on February 26, Northland Securities also maintained a Buy rating on the stock with a $50.00 price target.

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