Analysts Offer Insights on Energy Companies: Magnolia Oil & Gas (MGY) and NOV (NOV)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Magnolia Oil & Gas (MGY – Research Report) and NOV (NOV – Research Report) with bullish sentiments.
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Magnolia Oil & Gas (MGY)
Roth MKM analyst Leo Mariani assigned a Buy rating to Magnolia Oil & Gas today and set a price target of $26.00. The company’s shares closed last Thursday at $26.21.
According to TipRanks.com, Mariani is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Magnolia Oil & Gas with a $27.00 average price target, which is a 3.3% upside from current levels. In a report issued on January 30, TipRanks – Google also reiterated a Buy rating on the stock with a $28.00 price target.
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NOV (NOV)
TD Cowen analyst Marc Bianchi maintained a Buy rating on NOV today and set a price target of $23.00. The company’s shares closed last Thursday at $18.24.
According to TipRanks.com, Bianchi is a 3-star analyst with an average return of
NOV has an analyst consensus of Moderate Buy, with a price target consensus of $18.90, representing a 0.3% upside. In a report issued on January 23, TipRanks – PerPlexity also upgraded the stock to Buy with a $21.00 price target.
