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Analysts Offer Insights on Energy Companies: Helmerich & Payne (HP), CVR Energy (CVI) and North American Construction Group (NOA)

Tipranks - Fri May 15, 7:40AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Helmerich & Payne (HP), CVR Energy (CVI) and North American Construction Group (NOA).

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Helmerich & Payne (HP)

Morgan Stanley analyst Joe Laetsch maintained a Sell rating on Helmerich & Payne today and set a price target of $39.00. The company’s shares closed last Wednesday at $38.24.

According to TipRanks.com, Laetsch is a 4-star analyst with an average return of 7.7% and a 62.6% success rate. Laetsch covers the NA sector, focusing on stocks such as HF Sinclair Corporation, Marathon Petroleum, and Nabors Industries. ;'>

Helmerich & Payne has an analyst consensus of Moderate Buy, with a price target consensus of $41.14.

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CVR Energy (CVI)

In a report released yesterday, Carly Davenport from Goldman Sachs reiterated a Sell rating on CVR Energy, with a price target of $31.00. The company’s shares closed last Wednesday at $33.84.

According to TipRanks.com, Davenport is a 3-star analyst with an average return of 4.0% and a 65.8% success rate. Davenport covers the Utilities sector, focusing on stocks such as Public Service Enterprise, American Electric Power, and Edison International. ;'>

CVR Energy has an analyst consensus of Strong Sell, with a price target consensus of $29.75, a -13.5% downside from current levels. In a report issued on April 30, TipRanks – Anthropic also downgraded the stock to Sell with a $32.00 price target.

North American Construction Group (NOA)

In a report released yesterday, Tim Monachello from ATB Cormark Capital Markets maintained a Hold rating on North American Construction Group, with a price target of C$24.00. The company’s shares closed last Wednesday at $14.34.

Monachello has an average return of 14.5% when recommending North American Construction Group. ;'>

According to TipRanks.com, Monachello is ranked #12145 out of 12246 analysts.

North American Construction Group has an analyst consensus of Moderate Buy, with a price target consensus of $18.30, a 26.2% upside from current levels. In a report released today, BMO Capital also maintained a Hold rating on the stock with a C$22.00 price target.

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