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Analysts Conflicted on These Energy Names: LandBridge Company LLC Class A (LB) and Gran Tierra Energy (GTE)

Tipranks - Thu Mar 19, 7:03AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on LandBridge Company LLC Class A (LBResearch Report) and Gran Tierra Energy (GTEResearch Report).

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LandBridge Company LLC Class A (LB)

Wells Fargo analyst Hanwen Chang maintained a Buy rating on LandBridge Company LLC Class A today and set a price target of $92.00. The company’s shares closed last Tuesday at $77.41, close to its 52-week high of $84.70.

According to TipRanks.com, Chang is a 4-star analyst with an average return of 9.9% and a 58.6% success rate. Chang covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Magnolia Oil & Gas, and Matador Resources. ;'>

Currently, the analyst consensus on LandBridge Company LLC Class A is a Moderate Buy with an average price target of $79.00, a 9.4% upside from current levels. In a report issued on March 13, TipRanks – xAI also upgraded the stock to Buy with a $80.00 price target.

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Gran Tierra Energy (GTE)

In a report released today, Jamie Somerville from Roth MKM maintained a Hold rating on Gran Tierra Energy, with a price target of C$11.00. The company’s shares closed last Tuesday at $8.72.

According to TipRanks.com, Somerville is a 4-star analyst with an average return of 38.8% and a 88.9% success rate. Somerville covers the NA sector, focusing on stocks such as Saturn Oil & Gas, Parex Resources, and Surge Energy. ;'>

Gran Tierra Energy has an analyst consensus of Hold, with a price target consensus of $6.69, representing a -21.2% downside. In a report issued on March 4, TipRanks – Google also downgraded the stock to Hold with a $7.00 price target.

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