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Analysts’ Top Energy Picks: Liberty Energy (LBRT), Ovintiv (OVV)

Tipranks - Sat Jul 25, 9:10AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Liberty Energy (LBRT) and Ovintiv (OVV) with bullish sentiments.

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Liberty Energy (LBRT)

In a report released today, Joe Laetsch from Morgan Stanley maintained a Buy rating on Liberty Energy, with a price target of $32.00. The company’s shares closed last Friday at $19.14.

According to TipRanks.com, Laetsch is a 4-star analyst with an average return of 6.6% and a 59.2% success rate. Laetsch covers the NA sector, focusing on stocks such as HF Sinclair Corporation, Marathon Petroleum, and Delek US Holdings. ;'>

Currently, the analyst consensus on Liberty Energy is a Moderate Buy with an average price target of $32.14, a 63.8% upside from current levels. In a report issued on July 14, Piper Sandler also maintained a Buy rating on the stock with a $38.00 price target.

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Ovintiv (OVV)

In a report released today, Kevin Fisk from Scotiabank maintained a Buy rating on Ovintiv, with a price target of $70.00. The company’s shares closed last Friday at $63.75.

According to TipRanks.com, Fisk is a 4-star analyst with an average return of 13.4% and a 64.4% success rate. Fisk covers the NA sector, focusing on stocks such as Paramount Resources, Whitecap Resources, and PrairieSky Royalty. ;'>

Currently, the analyst consensus on Ovintiv is a Strong Buy with an average price target of $70.39, representing a 14.7% upside. In a report released today, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $69.00 price target.

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