This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Energy Companies: Ovintiv (OVV), Oneok (OKE) and Crescent Energy Company Class A (CRGY)

Tipranks - Sat Jul 25, 6:14AM CDT

There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Ovintiv (OVV), Oneok (OKE) and Crescent Energy Company Class A (CRGY) with bullish sentiments.

Claim 55% Off TipRanks

Ovintiv (OVV)

Siebert Williams Shank & Co analyst Gabriele Sorbara reiterated a Buy rating on Ovintiv today and set a price target of $80.00. The company’s shares closed last Thursday at $61.39.

According to TipRanks.com, Sorbara is a 5-star analyst with an average return of 8.3% and a 57.3% success rate. Sorbara covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Comstock Resources, and Magnolia Oil & Gas. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Ovintiv with a $70.39 average price target, implying a 15.2% upside from current levels. In a report released today, TipRanks – OpenAI also upgraded the stock to Buy with a $67.00 price target.

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

Oneok (OKE)

UBS analyst Manav Gupta reiterated a Buy rating on Oneok today and set a price target of $108.00. The company’s shares closed last Thursday at $93.23.

According to TipRanks.com, Gupta is a 5-star analyst with an average return of 23.3% and a 71.3% success rate. Gupta covers the NA sector, focusing on stocks such as Western Midstream Partners, HF Sinclair Corporation, and Par Pacific Holdings. ;'>

Currently, the analyst consensus on Oneok is a Moderate Buy with an average price target of $97.44.

Crescent Energy Company Class A (CRGY)

In a report released today, Hanwen Chang from Wells Fargo maintained a Buy rating on Crescent Energy Company Class A, with a price target of $18.00. The company’s shares closed last Thursday at $11.39.

According to TipRanks.com, Chang is a 4-star analyst with an average return of 9.7% and a 60.3% success rate. Chang covers the NA sector, focusing on stocks such as Magnolia Oil & Gas, Matador Resources, and Permian Resources. ;'>

Crescent Energy Company Class A has an analyst consensus of Strong Buy, with a price target consensus of $16.00, implying a 37.7% upside from current levels. In a report issued on July 15, UBS also initiated coverage with a Buy rating on the stock with a $13.00 price target.

Read More on OVV:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.