Analysts Offer Insights on Energy Companies: Santos Limited (OtherSTOSF) and Nabors Industries (NBR)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Santos Limited (STOSF – Research Report) and Nabors Industries (NBR – Research Report) with bullish sentiments.
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Santos Limited (STOSF)
UBS analyst Tom Allen maintained a Buy rating on Santos Limited today and set a price target of A$7.80. The company’s shares closed last Friday at $4.60.
According to TipRanks.com, Allen is a 4-star analyst with an average return of
Santos Limited has an analyst consensus of Moderate Buy, with a price target consensus of $5.19, which is a 13.4% upside from current levels. In a report issued on February 4, Macquarie also maintained a Buy rating on the stock with a A$7.77 price target.
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Nabors Industries (NBR)
Morgan Stanley analyst Joe Laetsch maintained a Buy rating on Nabors Industries today and set a price target of $80.00. The company’s shares closed last Tuesday at $71.91.
According to TipRanks.com, Laetsch is a 3-star analyst with an average return of
Nabors Industries has an analyst consensus of Hold, with a price target consensus of $69.50, representing a 0.2% upside. In a report released yesterday, Piper Sandler also maintained a Buy rating on the stock with a $80.00 price target.
