Analysts Offer Insights on Energy Companies: ARC Resources (OtherAETUF) and Cameco (CCJ)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on ARC Resources (AETUF – Research Report) and Cameco (CCJ – Research Report) with bullish sentiments.
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ARC Resources (AETUF)
In a report released today, Lloyd Byrne from Jefferies maintained a Buy rating on ARC Resources, with a price target of C$26.00. The company’s shares closed last Friday at $17.96.
According to TipRanks.com, Byrne is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for ARC Resources with a $20.47 average price target, a 14.2% upside from current levels. In a report issued on February 5, TD Cowen also maintained a Buy rating on the stock with a C$28.00 price target.
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Cameco (CCJ)
In a report issued on February 13, Lawson Winder from Bank of America Securities reiterated a Buy rating on Cameco, with a price target of C$175.00. The company’s shares closed last Friday at $112.90.
According to TipRanks.com, Winder is a 5-star analyst with an average return of
Cameco has an analyst consensus of Strong Buy, with a price target consensus of $117.12, a 3.4% upside from current levels. In a report issued on January 30, TipRanks – PerPlexity also upgraded the stock to Buy with a C$210.00 price target.
