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Analysts Offer Insights on Energy Companies: Venture Global, Inc. Class A (VG) and Phillips 66 (PSX)

Tipranks - Fri Feb 6, 3:30PM CST

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Venture Global, Inc. Class A (VGResearch Report) and Phillips 66 (PSXResearch Report) with bullish sentiments.

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Venture Global, Inc. Class A (VG)

Bank of America Securities analyst Jean Ann Salisbury maintained a Buy rating on Venture Global, Inc. Class A today. The company’s shares closed last Thursday at $9.32, close to its 52-week low of $8.62.

According to TipRanks.com, Salisbury is a 2-star analyst with an average return of 0.4% and a 56.2% success rate. Salisbury covers the NA sector, focusing on stocks such as Enterprise Products Partners, Cheniere Energy Partners, and Occidental Petroleum. ;'>

Currently, the analyst consensus on Venture Global, Inc. Class A is a Moderate Buy with an average price target of $11.13, implying a 18.2% upside from current levels. In a report issued on February 2, Raymond James also initiated coverage with a Buy rating on the stock with a $11.00 price target.

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Phillips 66 (PSX)

TD Cowen analyst Jason Gabelman maintained a Buy rating on Phillips 66 today and set a price target of $155.00. The company’s shares closed last Thursday at $154.42.

According to TipRanks.com, Gabelman is a 4-star analyst with an average return of 5.9% and a 57.0% success rate. Gabelman covers the NA sector, focusing on stocks such as Enterprise Products Partners, HF Sinclair Corporation, and Par Pacific Holdings. ;'>

Currently, the analyst consensus on Phillips 66 is a Moderate Buy with an average price target of $150.38, representing a -1.3% downside. In a report released yesterday, TipRanks – OpenAI also upgraded the stock to Buy with a $163.00 price target.

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