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Analysts Offer Insights on Energy Companies: National Energy Services Reunited (NESR), Ovintiv (OVV) and Energy Transfer (ET)

Tipranks - Thu Feb 19, 2:44AM CST

There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on National Energy Services Reunited (NESRResearch Report), Ovintiv (OVVResearch Report) and Energy Transfer (ETResearch Report) with bullish sentiments.

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National Energy Services Reunited (NESR)

Barclays analyst David Anderson maintained a Buy rating on National Energy Services Reunited today and set a price target of $34.00. The company’s shares closed last Tuesday at $24.17.

According to TipRanks.com, Anderson is a 4-star analyst with an average return of 6.4% and a 52.8% success rate. Anderson covers the NA sector, focusing on stocks such as Solaris Energy Infrastructure, Weatherford International, and Baker Hughes Company. ;'>

Currently, the analyst consensus on National Energy Services Reunited is a Strong Buy with an average price target of $23.75, representing a 9.0% upside. In a report issued on February 13, UBS also maintained a Buy rating on the stock with a $25.00 price target.

See today’s best-performing stocks on TipRanks >>

Ovintiv (OVV)

Barclays analyst Betty Jiang maintained a Buy rating on Ovintiv today and set a price target of $55.00. The company’s shares closed last Tuesday at $46.08.

According to TipRanks.com, Jiang is a 3-star analyst with an average return of 3.2% and a 52.1% success rate. Jiang covers the NA sector, focusing on stocks such as California Resources Corp, Occidental Petroleum, and Antero Resources. ;'>

Currently, the analyst consensus on Ovintiv is a Strong Buy with an average price target of $51.92, a 10.1% upside from current levels. In a report issued on February 9, TD Cowen also upgraded the stock to Buy.

Energy Transfer (ET)

Barclays analyst Theresa Chen maintained a Buy rating on Energy Transfer today and set a price target of $22.00. The company’s shares closed last Tuesday at $18.61.

According to TipRanks.com, Chen is a top 100 analyst with an average return of 17.8% and a 76.1% success rate. Chen covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Enterprise Products Partners, and Kodiak Gas Services, Inc. ;'>

Energy Transfer has an analyst consensus of Moderate Buy, with a price target consensus of $20.61.

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