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Wall Street Analysts Are Bullish on Top Energy Picks

Tipranks - Tipranks - Thu Jul 2, 5:58AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on EOG Resources (EOG) and Enterprise Products Partners (EPD) with bullish sentiments.

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EOG Resources (EOG)

In a report released yesterday, Scott Hanold from RBC Capital maintained a Buy rating on EOG Resources, with a price target of $175.00. The company’s shares closed last Tuesday at $129.73.

Hanold has an average return of 20.7% when recommending EOG Resources. ;'>

According to TipRanks.com, Hanold is ranked #235 out of 12347 analysts.

EOG Resources has an analyst consensus of Moderate Buy, with a price target consensus of $156.36, which is a 19.2% upside from current levels. In a report issued on June 21, Wells Fargo also maintained a Buy rating on the stock with a $196.00 price target.

See the top stocks recommended by analysts >>

Enterprise Products Partners (EPD)

RBC Capital analyst Elvira Scotto maintained a Buy rating on Enterprise Products Partners yesterday and set a price target of $42.00. The company’s shares closed last Tuesday at $36.76.

According to TipRanks.com, Scotto is a 5-star analyst with an average return of 16.9% and a 68.7% success rate. Scotto covers the NA sector, focusing on stocks such as Venture Global, Inc. Class A, Western Midstream Partners, and Kodiak Gas Services, Inc. ;'>

Currently, the analyst consensus on Enterprise Products Partners is a Moderate Buy with an average price target of $42.00, representing a 14.6% upside. In a report issued on June 25, Wells Fargo also maintained a Buy rating on the stock with a $48.00 price target.

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