Analysts Offer Insights on Energy Companies: Pedevco (PED) and PetroChina Company (OtherPCCYF)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Pedevco (PED) and PetroChina Company (PCCYF) with bullish sentiments.
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Pedevco (PED)
In a report released today, Nicholas Pope from Roth MKM reiterated a Buy rating on Pedevco, with a price target of $18.00. The company’s shares closed last Wednesday at $15.67.
According to TipRanks.com, Pope is a 4-star analyst with an average return of
Pedevco has an analyst consensus of Moderate Buy, with a price target consensus of $18.00.
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PetroChina Company (PCCYF)
In a report released today, Jack Lu, CFA from Morgan Stanley maintained a Buy rating on PetroChina Company, with a price target of HK$13.25. The company’s shares closed last Tuesday at $1.36.
CFA has an average return of
According to TipRanks.com, CFA is ranked #2080 out of 12128 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for PetroChina Company with a $1.50 average price target, representing an 11.2% upside. In a report released yesterday, DBS also maintained a Buy rating on the stock with a HK$10.00 price target.
Read More on PED:
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- Pedevco price target raised to $18 from $16 at Roth Capital
- Pedevco sees Q4 revenue $22.5M-$23.5M vs. $10.6M last year
- Pedevco Implements Reverse Stock Split and Registration Adjustments
- Upcoming Stock Splits This Week (March 9 to March 13) – Stay Invested
- PED Earnings Report this Week: Is It a Buy, Ahead of Earnings?
