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Analysts Are Bullish on Top Energy Stocks: Scorpio Tankers (STNG), EQT (EQT)

Tipranks - Tipranks - Fri Mar 27, 8:16AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Scorpio Tankers (STNG) and EQT (EQT) with bullish sentiments.

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Scorpio Tankers (STNG)

B. Riley Securities analyst Liam Burke maintained a Buy rating on Scorpio Tankers today and set a price target of $90.00. The company’s shares closed last Wednesday at $72.39.

According to TipRanks.com, Burke is a 5-star analyst with an average return of 15.5% and a 51.9% success rate. Burke covers the Industrial Goods sector, focusing on stocks such as Heidmar Maritime Holdings Corp., Pangaea Logistics Solutions, and Orion Group Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Scorpio Tankers with a $81.17 average price target.

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EQT (EQT)

In a report released yesterday, Arun Jayaram from J.P. Morgan maintained a Buy rating on EQT, with a price target of $72.00. The company’s shares closed last Wednesday at $67.93.

According to TipRanks.com, Jayaram is a 5-star analyst with an average return of 14.6% and a 63.3% success rate. Jayaram covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Flowco Holdings Inc Class A, and Occidental Petroleum. ;'>

EQT has an analyst consensus of Strong Buy, with a price target consensus of $67.30, representing a 2.7% upside. In a report issued on March 20, Truist Financial also initiated coverage with a Buy rating on the stock with a $74.00 price target.

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