Skip to main content

Wall Street Analysts Are Bullish on Top Energy Picks

Tipranks - Wed Feb 11, 2:10AM CST

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Helmerich & Payne (HPResearch Report) and Diamondback (FANGResearch Report) with bullish sentiments.

Valentine's Day Sale - 70% Off

Helmerich & Payne (HP)

In a report released today, Eddie Kim from Barclays maintained a Buy rating on Helmerich & Payne, with a price target of $39.00. The company’s shares closed last Monday at $35.71.

According to TipRanks.com, Kim is a 3-star analyst with an average return of 2.6% and a 45.7% success rate. Kim covers the NA sector, focusing on stocks such as Liberty Oilfield Services, Atlas Energy Solutions, and Innovex International. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Helmerich & Payne with a $35.83 average price target, implying a -0.5% downside from current levels. In a report released yesterday, J.P. Morgan also maintained a Buy rating on the stock with a $36.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Diamondback (FANG)

In a report released today, Betty Jiang from Barclays maintained a Buy rating on Diamondback, with a price target of $178.00. The company’s shares closed last Monday at $165.96.

According to TipRanks.com, Jiang is a 4-star analyst with an average return of 3.3% and a 52.8% 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 Diamondback is a Strong Buy with an average price target of $180.94, implying a 9.1% upside from current levels. In a report issued on January 27, Wells Fargo also maintained a Buy rating on the stock with a $171.00 price target.

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.
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.