Analysts Offer Insights on Energy Companies: Birchcliff Energy (OtherBIREF) and Permian Resources (PR)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Birchcliff Energy (BIREF – Research Report) and Permian Resources (PR – Research Report) with bullish sentiments.
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Birchcliff Energy (BIREF)
RBC Capital analyst Michael Harvey maintained a Buy rating on Birchcliff Energy yesterday and set a price target of C$8.00. The company’s shares closed last Monday at $5.35.
According to TipRanks.com, Harvey is a top 100 analyst with an average return of
Birchcliff Energy has an analyst consensus of Strong Buy, with a price target consensus of $6.61, a 26.4% upside from current levels. In a report issued on March 12, Canaccord Genuity also reiterated a Buy rating on the stock with a C$9.00 price target.
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Permian Resources (PR)
TD Cowen analyst David Deckelbaum maintained a Buy rating on Permian Resources yesterday and set a price target of $22.00. The company’s shares closed last Monday at $19.23.
According to TipRanks.com, Deckelbaum is a 4-star analyst with an average return of
Currently, the analyst consensus on Permian Resources is a Strong Buy with an average price target of $21.00, implying an 8.8% upside from current levels. In a report issued on March 1, RBC Capital also maintained a Buy rating on the stock with a $20.00 price target.
