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Analysts Offer Insights on Energy Companies: Headwater Exploration (OtherCDDRF) and Matador Resources (MTDR)

Tipranks - Tue Mar 3, 8:06PM CST

Analysts have been eager to weigh in on the Energy sector with new ratings on Headwater Exploration (CDDRFResearch Report) and Matador Resources (MTDRResearch Report).

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Headwater Exploration (CDDRF)

RBC Capital analyst Michael Harvey maintained a Hold rating on Headwater Exploration yesterday and set a price target of C$11.00. The company’s shares closed last Monday at $9.34.

According to TipRanks.com, Harvey is a 5-star analyst with an average return of 23.7% and a 63.8% success rate. Harvey covers the NA sector, focusing on stocks such as Tamarack Valley Energy, Paramount Resources, and PrairieSky Royalty. ;'>

Headwater Exploration has an analyst consensus of Moderate Buy, with a price target consensus of $7.69.

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Matador Resources (MTDR)

RBC Capital analyst Scott Hanold maintained a Buy rating on Matador Resources on February 27 and set a price target of $60.00. The company’s shares closed last Monday at $54.12.

Hanold has an average return of 35.7% when recommending Matador Resources. ;'>

According to TipRanks.com, Hanold is ranked #42 out of 12142 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Matador Resources with a $57.71 average price target, representing a 7.8% upside. In a report issued on February 13, Siebert Williams Shank & Co also maintained a Buy rating on the stock with a $60.00 price target.

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