Analysts’ Opinions Are Mixed on These Energy Stocks: Paladin Energy Ltd (OtherPALAF), Parex Resources (OtherPARXF) and Suncor Energy (SU)
Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Paladin Energy Ltd (PALAF), Parex Resources (PARXF) and Suncor Energy (SU).
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Paladin Energy Ltd (PALAF)
Paladin Energy Ltd received a Hold rating and a A$14.00 price target from Jefferies analyst Daniel Roden today. The company’s shares closed last Friday at $10.34.
According to TipRanks.com, Roden is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Paladin Energy Ltd with a $9.56 average price target, a -4.6% downside from current levels. In a report released today, Macquarie also downgraded the stock to Hold with a A$13.55 price target.
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Parex Resources (PARXF)
Roth MKM analyst Jamie Somerville maintained a Buy rating on Parex Resources today and set a price target of C$39.00. The company’s shares closed last Friday at $17.91, close to its 52-week high of $18.15.
According to TipRanks.com, Somerville is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Parex Resources with a $23.28 average price target.
Suncor Energy (SU)
In a report released today, Lloyd Byrne from Jefferies maintained a Hold rating on Suncor Energy, with a price target of C$93.00. The company’s shares closed last Friday at $61.16.
According to TipRanks.com, Byrne is a 5-star analyst with an average return of
Currently, the analyst consensus on Suncor Energy is a Moderate Buy with an average price target of $68.29, which is an 11.6% upside from current levels. In a report issued on April 5, Morgan Stanley also maintained a Hold rating on the stock with a C$92.00 price target.
Read More on PALAF:
Disclaimer & DisclosureReport an Issue
- Paladin Energy flags isolated administrative lapse in director interest disclosure
- Paladin Energy Sets 22 April Date for March-Quarter Results and Investor Call
- Paladin director Anne Templeman-Jones acquires first stake in company
- Paladin Faces Métis Legal Challenge to Patterson Lake South Environmental Approval
- Paladin Energy upgraded to Outperform from Neutral at Macquarie
