Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts’ Opinions Are Mixed on These Energy Stocks: TC Energy (TRP), Enterprise Products Partners (EPD) and Expand Energy (EXE)

Tipranks - Tue May 5, 6:52AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on TC Energy (TRP), Enterprise Products Partners (EPD) and Expand Energy (EXE).

Claim 55% Off TipRanks

TC Energy (TRP)

RBC Capital analyst Maurice Choy maintained a Buy rating on TC Energy yesterday and set a price target of C$95.00. The company’s shares closed last Friday at $66.57.

According to TipRanks.com, Choy is a 5-star analyst with an average return of 17.4% and a 80.6% success rate. Choy covers the Utilities sector, focusing on stocks such as Brookfield Infrastructure, TransAlta, and Fortis. ;'>

TC Energy has an analyst consensus of Moderate Buy, with a price target consensus of $67.90, a 1.1% upside from current levels. In a report issued on April 23, CIBC also upgraded the stock to Buy with a C$89.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Enterprise Products Partners (EPD)

In a report released today, Julien Dumoulin Smith from Jefferies reiterated a Hold rating on Enterprise Products Partners. The company’s shares closed last Friday at $38.03.

According to TipRanks.com, Smith is a 5-star analyst with an average return of 11.7% and a 64.4% success rate. Smith covers the Utilities sector, focusing on stocks such as American Electric Power, Centerpoint Energy, and Dominion Energy. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Enterprise Products Partners with a $41.73 average price target, implying an 8.2% upside from current levels. In a report issued on April 19, Goldman Sachs also maintained a Hold rating on the stock.

Expand Energy (EXE)

RBC Capital analyst Scott Hanold maintained a Buy rating on Expand Energy yesterday and set a price target of $145.00. The company’s shares closed last Friday at $100.12.

Hanold has an average return of 15.5% when recommending Expand Energy. ;'>

According to TipRanks.com, Hanold is ranked #50 out of 12226 analysts.

Expand Energy has an analyst consensus of Strong Buy, with a price target consensus of $131.16, representing a 29.1% upside. In a report issued on April 29, TipRanks – OpenAI also upgraded the stock to Buy with a $111.00 price target.

Read More on TRP:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.