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Analysts Offer Insights on Energy Companies: PBF Energy (PBF), Chevron (CVX) and EQT (EQT)

Tipranks - Thu Jul 23, 4:54AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on PBF Energy (PBF), Chevron (CVX) and EQT (EQT).

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PBF Energy (PBF)

Bank of America Securities analyst Jean Ann Salisbury maintained a Sell rating on PBF Energy today and set a price target of $53.00. The company’s shares closed last Tuesday at $66.05.

According to TipRanks.com, Salisbury is a 4-star analyst with an average return of 6.3% and a 68.8% success rate. Salisbury covers the NA sector, focusing on stocks such as Enterprise Products Partners, Western Midstream Partners, and Marathon Petroleum. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for PBF Energy with a $50.09 average price target, a -22.6% downside from current levels. In a report issued on July 8, TipRanks – Anthropic also downgraded the stock to Sell with a $46.00 price target.

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Chevron (CVX)

TD Cowen analyst Jason Gabelman maintained a Hold rating on Chevron today and set a price target of $200.00. The company’s shares closed last Tuesday at $191.07.

According to TipRanks.com, Gabelman is a 5-star analyst with an average return of 15.0% and a 64.7% success rate. Gabelman covers the NA sector, focusing on stocks such as Enterprise Products Partners, HF Sinclair Corporation, and Par Pacific Holdings. ;'>

Currently, the analyst consensus on Chevron is a Moderate Buy with an average price target of $211.41, which is a 11.0% upside from current levels. In a report issued on July 7, Barclays also maintained a Hold rating on the stock with a $213.00 price target.

EQT (EQT)

In a report released today, Betty Jiang from Barclays maintained a Buy rating on EQT, with a price target of $70.00. The company’s shares closed last Tuesday at $49.80.

According to TipRanks.com, Jiang is a 3-star analyst with an average return of 3.0% and a 47.4% success rate. Jiang covers the NA sector, focusing on stocks such as California Resources Corp, Occidental Petroleum, and Antero Resources. ;'>

Currently, the analyst consensus on EQT is a Strong Buy with an average price target of $70.07, a 42.7% upside from current levels. In a report issued on July 8, TipRanks – xAI also upgraded the stock to Buy with a $57.00 price target.

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