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Analysts Have Conflicting Sentiments on These Energy Companies: Matador Resources (MTDR) and Beach Energy (OtherBEPTF)

Tipranks - Sat May 9, 12:12AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Matador Resources (MTDR) and Beach Energy (BEPTF).

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Matador Resources (MTDR)

In a report released today, Neal Dingmann from William Blair maintained a Buy rating on Matador Resources. The company’s shares closed last Thursday at $55.57.

According to TipRanks.com, Dingmann is a 4-star analyst with an average return of 3.8% and a 49.3% success rate. Dingmann covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Riley Exploration Permian, and Kodiak Gas Services, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Matador Resources with a $72.43 average price target, which is a 24.3% upside from current levels. In a report issued on April 27, Bank of America Securities also maintained a Buy rating on the stock with a $69.00 price target.

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Beach Energy (BEPTF)

In a report released today, Tom Allen from UBS maintained a Sell rating on Beach Energy, with a price target of A$1.00. The company’s shares closed last Monday at $0.78, close to its 52-week low of $0.71.

According to TipRanks.com, Allen is a 4-star analyst with an average return of 10.1% and a 66.1% success rate. Allen covers the Utilities sector, focusing on stocks such as Origin Energy Limited, AGL Energy, and APA Group. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Beach Energy with a $0.83 average price target, representing a 6.1% upside. In a report issued on April 28, Citi also maintained a Sell rating on the stock with a A$1.10 price target.

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