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Analysts’ Opinions Are Mixed on These Energy Stocks: Santos Limited (OtherSTOSF) and Sable Offshore (SOC)

Tipranks - Sat Jan 24, 8:00PM CST

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Santos Limited (STOSFResearch Report) and Sable Offshore (SOCResearch Report).

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Santos Limited (STOSF)

In a report issued on January 22, Gordon Ramsay CFA from RBC Capital maintained a Hold rating on Santos Limited, with a price target of A$6.75. The company’s shares closed last Friday at $4.47.

According to TipRanks.com, CFA is a 3-star analyst with an average return of 1.6% and a 42.6% success rate. CFA covers the NA sector, focusing on stocks such as Carnarvon Energy Limited, Karoon Energy Ltd, and Amplitude Energy. ;'>

Santos Limited has an analyst consensus of Moderate Buy, with a price target consensus of $4.87, a 10.7% upside from current levels. In a report released yesterday, TipRanks – PerPlexity also downgraded the stock to Hold with a A$6.50 price target.

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Sable Offshore (SOC)

Roth MKM analyst Leo Mariani maintained a Buy rating on Sable Offshore yesterday and set a price target of $22.00. The company’s shares closed last Friday at $10.43, close to its 52-week low of $10.11.

According to TipRanks.com, Mariani is a 5-star analyst with an average return of 27.1% and a 60.3% success rate. Mariani covers the NA sector, focusing on stocks such as California Resources Corp, Prairie Operating Co, and Occidental Petroleum. ;'>

Currently, the analyst consensus on Sable Offshore is a Strong Buy with an average price target of $22.50.

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