Analysts Are Bullish on These Energy Stocks: Cactus (WHD), Helmerich & Payne (HP)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Cactus (WHD – Research Report) and Helmerich & Payne (HP – Research Report) with bullish sentiments.
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Cactus (WHD)
In a report released today, David Anderson from Barclays maintained a Buy rating on Cactus, with a price target of $56.00. The company’s shares closed last Tuesday at $43.83, close to its 52-week low of $43.27.
According to TipRanks.com, Anderson is a 3-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cactus with a $50.25 average price target, an 11.1% upside from current levels. In a report issued on December 11, Citi also upgraded the stock to Buy with a $55.00 price target.
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Helmerich & Payne (HP)
Barclays analyst Eddie Kim maintained a Buy rating on Helmerich & Payne today and set a price target of $36.00. The company’s shares closed last Tuesday at $27.34.
According to TipRanks.com, Kim is a 1-star analyst with an average return of
Currently, the analyst consensus on Helmerich & Payne is a Moderate Buy with an average price target of $30.40, a 6.4% upside from current levels. In a report issued on December 10, J.P. Morgan also upgraded the stock to Buy with a $34.00 price target.
