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Analysts Are Bullish on Top Energy Stocks: NOV (NOV), Peabody Energy Comm (BTU)

Tipranks - Tipranks - Sat Feb 7, 7:14AM CST

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on NOV (NOV – Research Report) and Peabody Energy Comm (BTU – Research Report) with bullish sentiments.

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NOV (NOV)

RBC Capital analyst Keith Mackey maintained a Buy rating on NOV today and set a price target of $21.00. The company’s shares closed last Thursday at $18.24.

According to TipRanks.com, Mackey is a 5-star analyst with an average return of 21.8% and a 64.2% success rate. Mackey covers the NA sector, focusing on stocks such as Liberty Oilfield Services, Atlas Energy Solutions, and Baker Hughes Company. ;'>

Currently, the analyst consensus on NOV is a Moderate Buy with an average price target of $19.20, a 1.9% upside from current levels. In a report issued on January 23, TipRanks – PerPlexity also upgraded the stock to Buy with a $21.00 price target.

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Peabody Energy Comm (BTU)

BMO Capital analyst Katja Jancic maintained a Buy rating on Peabody Energy Comm yesterday and set a price target of $38.00. The company’s shares closed last Thursday at $34.24.

According to TipRanks.com, Jancic is a 5-star analyst with an average return of 27.0% and a 76.6% success rate. Jancic covers the Basic Materials sector, focusing on stocks such as Freeport-McMoRan, Steel Dynamics, and Alcoa. ;'>

Peabody Energy Comm has an analyst consensus of Moderate Buy, with a price target consensus of $37.00.

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