Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts’ Top Utilities Picks: Talen Energy Corp (TLN), Sempra Energy (SRE)

Tipranks - Fri Mar 27, 7:44AM CDT

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Talen Energy Corp (TLN) and Sempra Energy (SRE) with bullish sentiments.

Claim 30% Off TipRanks Premium

Talen Energy Corp (TLN)

J.P. Morgan analyst Jeremy Tonet maintained a Buy rating on Talen Energy Corp yesterday and set a price target of $421.00. The company’s shares closed last Wednesday at $328.29.

According to TipRanks.com, Tonet is a 5-star analyst with an average return of 8.9% and a 60.9% success rate. Tonet covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

Currently, the analyst consensus on Talen Energy Corp is a Strong Buy with an average price target of $458.90, representing a 43.9% upside. In a report issued on March 12, TipRanks – Google also reiterated a Buy rating on the stock with a $359.00 price target.

See today’s best-performing stocks on TipRanks >>

Sempra Energy (SRE)

J.P. Morgan analyst Aidan Kelly maintained a Buy rating on Sempra Energy yesterday and set a price target of $106.00. The company’s shares closed last Wednesday at $95.32, close to its 52-week high of $95.77.

According to TipRanks.com, Kelly is a 2-star analyst with an average return of 9.0% and a 66.7% success rate. Kelly covers the Utilities sector, focusing on stocks such as Edison International, OGE Energy, and PG&E. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sempra Energy with a $104.45 average price target, which is a 9.2% upside from current levels. In a report issued on March 14, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $103.00 price target.

Read More on TLN:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.