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Analysts Have Conflicting Sentiments on These Energy Companies: Ovintiv (OVV) and Talos Energy (TALO)

Tipranks - Sat May 16, 6:52AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Ovintiv (OVV) and Talos Energy (TALO).

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Ovintiv (OVV)

Goldman Sachs analyst Neil Mehta reiterated a Buy rating on Ovintiv yesterday and set a price target of $66.00. The company’s shares closed last Thursday at $58.30.

According to TipRanks.com, Mehta is a 5-star analyst with an average return of 12.1% and a 62.3% success rate. Mehta covers the NA sector, focusing on stocks such as HF Sinclair Corporation, Occidental Petroleum, and Par Pacific Holdings. ;'>

Currently, the analyst consensus on Ovintiv is a Moderate Buy with an average price target of $64.10, representing an 11.3% upside. In a report issued on May 4, William Blair also maintained a Buy rating on the stock.

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Talos Energy (TALO)

In a report released today, Phillip Jungwirth from BMO Capital maintained a Hold rating on Talos Energy, with a price target of $18.00. The company’s shares closed last Thursday at $15.43.

According to TipRanks.com, Jungwirth is a 4-star analyst with an average return of 8.4% and a 53.1% success rate. Jungwirth covers the NA sector, focusing on stocks such as Flowco Holdings Inc Class A, Weatherford International, and HF Sinclair Corporation. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Talos Energy with a $18.00 average price target, a 18.7% upside from current levels. In a report issued on May 6, TipRanks – PerPlexity also downgraded the stock to Hold with a $17.50 price target.

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