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Analysts Offer Insights on Energy Companies: Sable Offshore (SOC) and Energy Fuels (UUUU)

Tipranks - Tue Jun 16, 9:26AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Sable Offshore (SOC) and Energy Fuels (UUUU) with bullish sentiments.

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Sable Offshore (SOC)

In a report released today, Lloyd Byrne from Jefferies maintained a Buy rating on Sable Offshore, with a price target of $24.00. The company’s shares closed last Monday at $10.63, close to its 52-week low of $10.11.

According to TipRanks.com, Byrne is a 5-star analyst with an average return of 20.7% and a 59.3% success rate. Byrne covers the NA sector, focusing on stocks such as Flowco Holdings Inc Class A, Kodiak Gas Services, Inc., and Baker Hughes Company. ;'>

Currently, the analyst consensus on Sable Offshore is a Moderate Buy with an average price target of $19.67, implying an 89.1% upside from current levels. In a report issued on June 1, Roth MKM also maintained a Buy rating on the stock with a $22.00 price target.

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Energy Fuels (UUUU)

B. Riley Securities analyst Nick Giles maintained a Buy rating on Energy Fuels today and set a price target of $27.00. The company’s shares closed last Monday at $15.95.

According to TipRanks.com, Giles is a 5-star analyst with an average return of 55.0% and a 70.1% success rate. Giles covers the Basic Materials sector, focusing on stocks such as Alpha Metallurgical Resources, United States Antimony, and NioCorp Developments. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Energy Fuels with a $22.33 average price target, representing a 39.5% upside. In a report issued on June 11, Goldman Sachs also reiterated a Buy rating on the stock with a $21.00 price target.

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