Wall Street Analysts Are Bullish on Top Energy Picks
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Ovintiv (OVV) and UR-Energy (URG) with bullish sentiments.
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Ovintiv (OVV)
In a report released today, Gabriel Daoud from Truist Financial maintained a Buy rating on Ovintiv. The company’s shares closed last Tuesday at $58.09.
According to TipRanks.com, Daoud is ranked 0 out of 5 stars with an average return of
Ovintiv has an analyst consensus of Moderate Buy, with a price target consensus of $63.57, implying a 7.6% upside from current levels. In a report issued on May 4, William Blair also maintained a Buy rating on the stock.
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UR-Energy (URG)
In a report released today, Jeff Grampp from Northland Securities maintained a Buy rating on UR-Energy, with a price target of $2.35. The company’s shares closed last Tuesday at $1.81, close to its 52-week high of $1.90.
According to TipRanks.com, Grampp is a 4-star analyst with an average return of
Currently, the analyst consensus on UR-Energy is a Strong Buy with an average price target of $2.30, which is a 26.4% upside from current levels. In a report released today, Maxim Group also maintained a Buy rating on the stock with a $2.50 price target.
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