Analysts’ Top Energy Picks: Denison Mines (DNN), Schlumberger (SLB)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Denison Mines (DNN – Research Report) and Schlumberger (SLB – Research Report) with bullish sentiments.
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Denison Mines (DNN)
In a report issued on December 19, Mohamed Sidibe from National Bank maintained a Buy rating on Denison Mines, with a price target of C$5.00. The company’s shares closed last Friday at $2.74.
According to TipRanks.com, Sidibe is a 5-star analyst with an average return of
Currently, the analyst consensus on Denison Mines is a Strong Buy with an average price target of $3.31.
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Schlumberger (SLB)
In a report released today, Lloyd Byrne from Jefferies reiterated a Buy rating on Schlumberger, with a price target of $51.00. The company’s shares closed last Friday at $38.08, close to its 52-week low of $36.52.
According to TipRanks.com, Byrne is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Schlumberger with a $47.16 average price target, implying a 23.3% upside from current levels. In a report issued on December 15, Morgan Stanley also initiated coverage with a Buy rating on the stock with a $43.00 price target.
