Analysts Offer Insights on Energy Companies: Schlumberger (SLB) and Ovintiv (OVV)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Schlumberger (SLB) and Ovintiv (OVV) with bullish sentiments.
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Schlumberger (SLB)
In a report released yesterday, Keith Mackey from RBC Capital maintained a Buy rating on Schlumberger, with a price target of $61.00. The company’s shares closed last Friday at $52.42.
According to TipRanks.com, Mackey is a top 100 analyst with an average return of
Schlumberger has an analyst consensus of Strong Buy, with a price target consensus of $63.00, which is a 25.8% upside from current levels. In a report issued on July 14, Piper Sandler also maintained a Buy rating on the stock with a $59.00 price target.
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Ovintiv (OVV)
Truist Financial analyst Gabriel Daoud reiterated a Buy rating on Ovintiv today and set a price target of $73.00. The company’s shares closed last Friday at $63.13.
According to TipRanks.com, Daoud is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Ovintiv has an analyst consensus of Strong Buy, with a price target consensus of $71.61, which is a 16.6% upside from current levels. In a report issued on July 24, TipRanks – OpenAI also upgraded the stock to Buy with a $67.00 price target.
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