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Analysts Have Conflicting Sentiments on These Utilities Companies: Emera (EMA), Origin Energy Limited (OtherOGFGF) and Clearway Energy (CWEN)

Tipranks - Tue Apr 28, 9:00PM CDT

Analysts have been eager to weigh in on the Utilities sector with new ratings on Emera (EMA), Origin Energy Limited (OGFGF) and Clearway Energy (CWEN).

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Emera (EMA)

RBC Capital analyst Maurice Choy maintained a Buy rating on Emera yesterday and set a price target of C$76.00. The company’s shares closed last Monday at $52.70.

According to TipRanks.com, Choy is a 5-star analyst with an average return of 16.4% and a 78.8% success rate. Choy covers the Utilities sector, focusing on stocks such as Brookfield Infrastructure, TransAlta, and Fortis. ;'>

Emera has an analyst consensus of Moderate Buy, with a price target consensus of $55.30, implying a 4.6% upside from current levels. In a report issued on April 17, BMO Capital also reiterated a Buy rating on the stock with a $74.00 price target.

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Origin Energy Limited (OGFGF)

In a report released yesterday, Gordon Ramsay CFA from RBC Capital maintained a Hold rating on Origin Energy Limited, with a price target of A$14.00. The company’s shares closed last Thursday at $8.61.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 4.9% and a 49.0% success rate. CFA covers the NA sector, focusing on stocks such as Karoon Energy Ltd, Amplitude Energy, and Santos Limited. ;'>

Origin Energy Limited has an analyst consensus of Moderate Buy, with a price target consensus of $8.91.

Clearway Energy (CWEN)

In a report released yesterday, Nelson Ng from RBC Capital maintained a Buy rating on Clearway Energy, with a price target of $42.00. The company’s shares closed last Monday at $41.05.

According to TipRanks.com, Ng is a 5-star analyst with an average return of 11.4% and a 62.7% success rate. Ng covers the Utilities sector, focusing on stocks such as Brookfield Renewable Partners, Algonquin Power & Utilities, and XPLR Infrastructure. ;'>

Currently, the analyst consensus on Clearway Energy is a Strong Buy with an average price target of $43.57, implying a 9.6% upside from current levels. In a report issued on April 14, Morgan Stanley also assigned a Buy rating to the stock with a $56.00 price target.

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