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Wall Street Analysts Are Bullish on Top Energy Picks

Tipranks - Tipranks - Sat Jun 27, 7:32AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Liberty Energy (LBRT) and Precision Drilling (PDS) with bullish sentiments.

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Liberty Energy (LBRT)

UBS analyst Josh Silverstein reiterated a Buy rating on Liberty Energy today and set a price target of $40.00. The company’s shares closed last Thursday at $27.25.

According to TipRanks.com, Silverstein is a 5-star analyst with an average return of 9.6% and a 58.5% success rate. Silverstein covers the NA sector, focusing on stocks such as National Energy Services Reunited, ARKO Petroleum Corp. Class A, and Weatherford International. ;'>

Currently, the analyst consensus on Liberty Energy is a Moderate Buy with an average price target of $33.00.

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Precision Drilling (PDS)

In a report released yesterday, Keith Mackey from RBC Capital maintained a Buy rating on Precision Drilling, with a price target of C$150.00. The company’s shares closed last Thursday at $79.16.

According to TipRanks.com, Mackey is a 5-star analyst with an average return of 25.3% and a 64.0% success rate. Mackey covers the NA sector, focusing on stocks such as Weatherford International, Atlas Energy Solutions, and CES Energy Solutions. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Precision Drilling with a $107.06 average price target.

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