Analysts Offer Insights on Energy Companies: Frontline (FRO), Obsidian Energy (OBE) and Parex Resources (OtherPARXF)
Analysts have been eager to weigh in on the Energy sector with new ratings on Frontline (FRO – Research Report), Obsidian Energy (OBE – Research Report) and Parex Resources (PARXF – Research Report).
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Frontline (FRO)
Kepler Capital analyst Axel Styrman maintained a Sell rating on Frontline on January 12 and set a price target of NOK145.00. The company’s shares closed last Tuesday at $26.03.
According to TipRanks.com, Styrman is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Frontline with a $24.67 average price target.
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Obsidian Energy (OBE)
In a report released yesterday, Rob Mann from RBC Capital maintained a Hold rating on Obsidian Energy, with a price target of C$9.00. The company’s shares closed last Tuesday at $6.38.
According to TipRanks.com, Mann is ranked #4047 out of 12040 analysts.
Currently, the analyst consensus on Obsidian Energy is a Moderate Buy with an average price target of $6.84, implying an 8.9% upside from current levels. In a report issued on December 30, TipRanks – OpenAI also reiterated a Hold rating on the stock with a C$8.00 price target.
Parex Resources (PARXF)
In a report released yesterday, Gregory Pardy from RBC Capital maintained a Hold rating on Parex Resources, with a price target of C$20.00. The company’s shares closed last Tuesday at $13.70.
According to TipRanks.com, Pardy is a 5-star analyst with an average return of
Currently, the analyst consensus on Parex Resources is a Moderate Buy with an average price target of $16.62.
