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Analysts’ Opinions Are Mixed on These Energy Stocks: Chevron (CVX), Schlumberger (SLB) and China Shenhua Energy Co (OtherCUAEF)

Tipranks - Wed Jan 7, 6:56AM CST

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Chevron (CVXResearch Report), Schlumberger (SLBResearch Report) and China Shenhua Energy Co (CUAEFResearch Report).

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Chevron (CVX)

RBC Capital analyst Biraj Borkhataria maintained a Buy rating on Chevron today and set a price target of $175.00. The company’s shares closed last Monday at $163.85, close to its 52-week high of $168.96.

Borkhataria has an average return of 5.9% when recommending Chevron. ;'>

According to TipRanks.com, Borkhataria is ranked #2809 out of 10186 analysts.

Chevron has an analyst consensus of Strong Buy, with a price target consensus of $177.32, which is a 7.0% upside from current levels. In a report issued on January 4, Bank of America Securities also maintained a Buy rating on the stock with a $180.00 price target.

See the top stocks recommended by analysts >>

Schlumberger (SLB)

J.P. Morgan analyst Arun Jayaram maintained a Buy rating on Schlumberger today and set a price target of $43.00. The company’s shares closed last Monday at $43.80.

According to TipRanks.com, Jayaram is a 5-star analyst with an average return of 10.6% and a 59.6% success rate. Jayaram covers the NA sector, focusing on stocks such as National Energy Services Reunited, Liberty Oilfield Services, and Occidental Petroleum. ;'>

Currently, the analyst consensus on Schlumberger is a Strong Buy with an average price target of $48.09, representing an 11.8% upside. In a report released today, Evercore ISI also upgraded the stock to Buy with a $54.00 price target.

China Shenhua Energy Co (CUAEF)

In a report released today, Trina Chen from Goldman Sachs maintained a Hold rating on China Shenhua Energy Co, with a price target of HK$36.00. The company’s shares closed last Friday at $5.30.

According to TipRanks.com, Chen is a 4-star analyst with an average return of 29.4% and a 58.1% success rate. Chen covers the Basic Materials sector, focusing on stocks such as China Resources Building Materials Technology Holdings, Maanshan Iron & Steel Co, and Ganfeng Lithium Co. ;'>

Currently, the analyst consensus on China Shenhua Energy Co is a Hold with an average price target of $5.25.

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