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Analysts Offer Insights on Energy Companies: Liberty Oilfield Services (LBRT) and CNX Resources (CNX)

Tipranks - Sat Jan 31, 6:57AM CST

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Liberty Oilfield Services (LBRTResearch Report) and CNX Resources (CNXResearch Report).

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Liberty Oilfield Services (LBRT)

In a report released today, Joe Laetsch from Morgan Stanley maintained a Buy rating on Liberty Oilfield Services, with a price target of $30.00. The company’s shares closed last Thursday at $25.34.

According to TipRanks.com, Laetsch is a 1-star analyst with an average return of -1.0% and a 56.3% success rate. Laetsch covers the NA sector, focusing on stocks such as HF Sinclair Corporation, Marathon Petroleum, and Delek US Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Liberty Oilfield Services with a $21.60 average price target, implying a -9.9% downside from current levels. In a report issued on January 21, Stifel Nicolaus also maintained a Buy rating on the stock with a $23.00 price target.

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CNX Resources (CNX)

In a report released today, Nitin Kumar CFA from Mizuho Securities maintained a Hold rating on CNX Resources, with a price target of $43.00. The company’s shares closed last Thursday at $37.60.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 2.7% and a 54.3% success rate. CFA covers the NA sector, focusing on stocks such as California Resources Corp, HF Sinclair Corporation, and Occidental Petroleum. ;'>

CNX Resources has an analyst consensus of Moderate Sell, with a price target consensus of $36.11, representing a -5.0% downside. In a report issued on January 21, Scotiabank also maintained a Hold rating on the stock with a $44.00 price target.

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