Analysts’ Opinions Are Mixed on These Energy Stocks: Ovintiv (OVV), Oneok (OKE) and Nabors Industries (NBR)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Ovintiv (OVV – Research Report), Oneok (OKE – Research Report) and Nabors Industries (NBR – Research Report).
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Ovintiv (OVV)
In a report released today, Betty Jiang from Barclays maintained a Buy rating on Ovintiv, with a price target of $58.00. The company’s shares closed last Tuesday at $50.09.
According to TipRanks.com, Jiang is a 4-star analyst with an average return of
Ovintiv has an analyst consensus of Strong Buy, with a price target consensus of $54.25, representing a 5.6% upside. In a report issued on February 13, Siebert Williams Shank & Co also maintained a Buy rating on the stock with a $52.00 price target.
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Oneok (OKE)
In a report released today, Theresa Chen from Barclays maintained a Hold rating on Oneok, with a price target of $76.00. The company’s shares closed last Tuesday at $82.89, close to its 52-week low of $76.23.
According to TipRanks.com, Chen is a top 100 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Oneok with a $89.09 average price target, implying a 2.4% upside from current levels. In a report issued on February 23, Mizuho Securities also maintained a Hold rating on the stock with a $89.00 price target.
Nabors Industries (NBR)
Barclays analyst Eddie Kim maintained a Sell rating on Nabors Industries today and set a price target of $65.00. The company’s shares closed last Tuesday at $77.77.
According to TipRanks.com, Kim is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Nabors Industries with a $76.17 average price target.
