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Analysts Offer Insights on Energy Companies: Boss Energy (OtherBQSSF), CNX Resources (CNX) and Cenovus Energy (CVE)

Tipranks - Fri Jan 30, 7:12AM CST

Analysts have been eager to weigh in on the Energy sector with new ratings on Boss Energy (BQSSFResearch Report), CNX Resources (CNXResearch Report) and Cenovus Energy (CVEResearch Report).

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Boss Energy (BQSSF)

In a report released today, Henry Meyer CFA from Goldman Sachs maintained a Sell rating on Boss Energy, with a price target of A$1.40. The company’s shares closed last Wednesday at $1.45, close to its 52-week low of $1.34.

According to TipRanks.com, CFA has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -5.8% and a 42.3% success rate. CFA covers the NA sector, focusing on stocks such as Deep Yellow Limited, Paladin Energy Ltd, and Beach Energy. ;'>

Currently, the analyst consensus on Boss Energy is a Hold with an average price target of $1.08, implying a -18.8% downside from current levels. In a report issued on January 15, Macquarie also downgraded the stock to Sell with a A$1.25 price target.

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CNX Resources (CNX)

Roth MKM analyst Leo Mariani maintained a Hold rating on CNX Resources today and set a price target of $30.00. The company’s shares closed last Wednesday at $36.73.

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, Occidental Petroleum, and Prairie Operating Co. ;'>

Currently, the analyst consensus on CNX Resources is a Moderate Sell with an average price target of $35.10, a -3.9% downside from current levels. In a report issued on January 21, Scotiabank also maintained a Hold rating on the stock with a $44.00 price target.

Cenovus Energy (CVE)

In a report released today, Neil Mehta from Goldman Sachs maintained a Buy rating on Cenovus Energy, with a price target of $22.00. The company’s shares closed last Wednesday at $19.81.

According to TipRanks.com, Mehta is a 5-star analyst with an average return of 9.1% and a 59.1% success rate. Mehta covers the NA sector, focusing on stocks such as Marathon Petroleum, Permian Resources, and Antero Resources. ;'>

Cenovus Energy has an analyst consensus of Strong Buy, with a price target consensus of $21.51, representing a 9.4% upside. In a report issued on January 23, Morgan Stanley also maintained a Buy rating on the stock with a C$29.00 price target.

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