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Analysts Offer Insights on Energy Companies: EQT (EQT), Beach Energy (OtherBEPTF) and Coterra Energy (CTRA)

Tipranks - Thu Jan 22, 5:04PM CST

Analysts have been eager to weigh in on the Energy sector with new ratings on EQT (EQTResearch Report), Beach Energy (BEPTFResearch Report) and Coterra Energy (CTRAResearch Report).

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EQT (EQT)

Barclays analyst Betty Jiang maintained a Buy rating on EQT today and set a price target of $64.00. The company’s shares closed last Wednesday at $54.83, close to its 52-week high of $56.66.

According to TipRanks.com, Jiang is a 1-star analyst with an average return of -1.8% and a 41.9% success rate. Jiang covers the NA sector, focusing on stocks such as California Resources Corp, Antero Resources, and Range Resources. ;'>

EQT has an analyst consensus of Moderate Buy, with a price target consensus of $65.29, representing a 23.1% upside. In a report issued on January 16, Bank of America Securities also reiterated a Buy rating on the stock with a $74.00 price target.

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Beach Energy (BEPTF)

Citi analyst Tom Wallington maintained a Sell rating on Beach Energy today and set a price target of A$1.00. The company’s shares closed last Friday at $0.76, close to its 52-week low of $0.71.

According to TipRanks.com, Wallington is a 1-star analyst with an average return of -1.6% and a 56.0% success rate. Wallington covers the NA sector, focusing on stocks such as Karoon Energy Ltd, Santos Limited, and Worley Limited. ;'>

Beach Energy has an analyst consensus of Moderate Sell, with a price target consensus of $0.67, which is a -11.8% downside from current levels. In a report issued on January 16, Morgan Stanley also maintained a Sell rating on the stock with a A$1.12 price target.

Coterra Energy (CTRA)

Roth MKM analyst Leo Mariani maintained a Buy rating on Coterra Energy today and set a price target of $27.00. The company’s shares closed last Wednesday at $26.75.

According to TipRanks.com, Mariani is a 5-star analyst with an average return of 27.1% and a 60.3% success rate. Mariani covers the NA sector, focusing on stocks such as California Resources Corp, Prairie Operating Co, and Occidental Petroleum. ;'>

Currently, the analyst consensus on Coterra Energy is a Strong Buy with an average price target of $32.22, which is a 20.4% upside from current levels. In a report issued on January 12, J.P. Morgan also reiterated a Buy rating on the stock with a $31.00 price target.

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