Analysts Offer Insights on Energy Companies: Nabors Industries (NBR) and Peninsula Energy (OtherPENMF)
Analysts have been eager to weigh in on the Energy sector with new ratings on Nabors Industries (NBR – Research Report) and Peninsula Energy (PENMF – Research Report).
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Nabors Industries (NBR)
Barclays analyst Eddie Kim maintained a Sell rating on Nabors Industries today and set a price target of $36.00. The company’s shares closed last Monday at $38.78, close to its 52-week low of $34.42.
According to TipRanks.com, Kim is a 1-star analyst with an average return of
Nabors Industries has an analyst consensus of Moderate Sell, with a price target consensus of $37.00.
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Peninsula Energy (PENMF)
Shaw and Partners analyst Andrew Hines upgraded Peninsula Energy to Buy yesterday and set a price target of A$1.33. The company’s shares closed last Monday at $0.32.
According to TipRanks.com, Hines is ranked #3564 out of 10052 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Peninsula Energy with a $0.88 average price target.
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