Analysts Offer Insights on Energy Companies: Teekay Tankers (TNK), Occidental Petroleum (OXY) and Infinity Natural Resources, Inc. Class A (INR)
Analysts have been eager to weigh in on the Energy sector with new ratings on Teekay Tankers (TNK – Research Report), Occidental Petroleum (OXY – Research Report) and Infinity Natural Resources, Inc. Class A (INR – Research Report).
President's Day Sale - 70% Off
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Teekay Tankers (TNK)
Bank of America Securities analyst Ken Hoexter reiterated a Sell rating on Teekay Tankers yesterday and set a price target of $69.00. The company’s shares closed last Thursday at $73.89, close to its 52-week high of $74.20.
According to TipRanks.com, Hoexter is a 3-star analyst with an average return of
Currently, the analyst consensus on Teekay Tankers is a Moderate Sell with an average price target of $69.00.
See today’s best-performing stocks on TipRanks >>
Occidental Petroleum (OXY)
Morgan Stanley analyst Devin McDermott maintained a Hold rating on Occidental Petroleum today and set a price target of $53.00. The company’s shares closed last Thursday at $51.53.
According to TipRanks.com, McDermott is a 5-star analyst with an average return of
Currently, the analyst consensus on Occidental Petroleum is a Hold with an average price target of $47.25, which is a -5.0% downside from current levels. In a report released yesterday, Scotiabank also maintained a Hold rating on the stock with a $46.00 price target.
Infinity Natural Resources, Inc. Class A (INR)
Bank of America Securities analyst Kalei Akamine reiterated a Buy rating on Infinity Natural Resources, Inc. Class A yesterday and set a price target of $20.00. The company’s shares closed last Thursday at $16.77.
According to TipRanks.com, Akamine is a 4-star analyst with an average return of
Infinity Natural Resources, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of $20.00, implying a 21.7% upside from current levels. In a report issued on February 4, TipRanks – Google also upgraded the stock to Buy with a $18.50 price target.
