Analysts Offer Insights on Energy Companies: Magnolia Oil & Gas (MGY), APA (APA) and NexGen Energy (NXE)
Analysts have been eager to weigh in on the Energy sector with new ratings on Magnolia Oil & Gas (MGY – Research Report), APA (APA – Research Report) and NexGen Energy (NXE – Research Report).
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Magnolia Oil & Gas (MGY)
In a report released today, Peyton Dorne from UBS maintained a Buy rating on Magnolia Oil & Gas, with a price target of $35.00. The company’s shares closed last Wednesday at $28.60, close to its 52-week high of $29.02.
According to TipRanks.com, Dorne is a 3-star analyst with an average return of
Currently, the analyst consensus on Magnolia Oil & Gas is a Moderate Buy with an average price target of $28.92, which is a 4.1% upside from current levels. In a report issued on February 19, Roth MKM also maintained a Buy rating on the stock with a $29.00 price target.
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APA (APA)
UBS analyst Josh Silverstein maintained a Hold rating on APA today and set a price target of $36.00. The company’s shares closed last Wednesday at $31.10.
According to TipRanks.com, Silverstein is a 5-star analyst with an average return of
APA has an analyst consensus of Hold, with a price target consensus of $26.00, a -16.0% downside from current levels. In a report issued on February 26, TipRanks – Anthropic also downgraded the stock to Hold with a $30.00 price target.
NexGen Energy (NXE)
UBS analyst George Eadie initiated coverage with a Buy rating on NexGen Energy yesterday and set a price target of C$20.00. The company’s shares closed last Wednesday at $12.77.
According to TipRanks.com, Eadie is a 2-star analyst with an average return of
Currently, the analyst consensus on NexGen Energy is a Strong Buy with an average price target of $14.11.
