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Analysts Offer Insights on Energy Companies: Marathon Petroleum (MPC) and PrairieSky Royalty (OtherPREKF)

Tipranks - Sat Jun 13, 7:56AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Marathon Petroleum (MPC) and PrairieSky Royalty (PREKF) with bullish sentiments.

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Marathon Petroleum (MPC)

BMO Capital analyst Phillip Jungwirth reiterated a Buy rating on Marathon Petroleum today and set a price target of $290.00. The company’s shares closed last Thursday at $260.81.

According to TipRanks.com, Jungwirth is a 4-star analyst with an average return of 7.8% and a 52.3% success rate. Jungwirth covers the NA sector, focusing on stocks such as Flowco Holdings Inc Class A, Weatherford International, and HF Sinclair Corporation. ;'>

Marathon Petroleum has an analyst consensus of Moderate Buy, with a price target consensus of $268.47, implying a 0.2% upside from current levels. In a report released today, Morgan Stanley also assigned a Buy rating to the stock with a $265.00 price target.

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PrairieSky Royalty (PREKF)

In a report released today, Jeremy Mccrea from BMO Capital reiterated a Buy rating on PrairieSky Royalty, with a price target of C$38.00. The company’s shares closed last Thursday at $24.62.

According to TipRanks.com, Mccrea is a top 100 analyst with an average return of 32.9% and a 66.0% success rate. Mccrea covers the NA sector, focusing on stocks such as Tamarack Valley Energy, Paramount Resources, and Whitecap Resources. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PrairieSky Royalty with a $25.57 average price target.

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