Analysts Are Bullish on These Energy Stocks: ChampionX (CHX), Imperial Oil (IMO)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on ChampionX (CHX – Research Report) and Imperial Oil (IMO – Research Report) with bullish sentiments.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
ChampionX (CHX)
In a report released today, Stephen Gengaro from Stifel Nicolaus maintained a Buy rating on ChampionX, with a price target of $40.00. The company’s shares closed last Friday at $25.23.
According to TipRanks.com, Gengaro is a 1-star analyst with an average return of
ChampionX has an analyst consensus of Hold.
See Insiders’ Hot Stocks on TipRanks >>
Imperial Oil (IMO)
In a report released today, Michael Barth, CFA from Raymond James reiterated a Buy rating on Imperial Oil, with a price target of C$105.00. The company’s shares closed last Friday at $68.78.
According to TipRanks.com, CFA is a 1-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Imperial Oil with a $73.75 average price target, implying a 4.2% upside from current levels. In a report issued on April 20, Wolfe Research also upgraded the stock to Buy with a C$105.00 price target.
Read More on CHX:
