Analysts Conflicted on These Energy Names: Magnolia Oil & Gas (MGY) and Par Pacific Holdings (PARR)
Analysts have been eager to weigh in on the Energy sector with new ratings on Magnolia Oil & Gas (MGY – Research Report) and Par Pacific Holdings (PARR – Research Report).
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Magnolia Oil & Gas (MGY)
In a report released today, Peyton Dorne from UBS reiterated a Buy rating on Magnolia Oil & Gas, with a price target of $29.00. The company’s shares closed last Thursday at $22.21, close to its 52-week low of $21.63.
According to TipRanks.com, Dorne is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Magnolia Oil & Gas with a $26.92 average price target, representing a 26.3% upside. In a report issued on December 26, Siebert Williams Shank & Co also maintained a Buy rating on the stock with a $29.00 price target.
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Par Pacific Holdings (PARR)
Mizuho Securities analyst Nitin Kumar CFA maintained a Hold rating on Par Pacific Holdings today and set a price target of $49.00. The company’s shares closed last Thursday at $37.77, close to its 52-week high of $40.20.
According to TipRanks.com, CFA is a 3-star analyst with an average return of
Currently, the analyst consensus on Par Pacific Holdings is a Moderate Buy with an average price target of $46.00.
