Analysts Offer Insights on Energy Companies: Tenaris SA (TS) and Suncor Energy (SU)
Analysts fell to the sidelines weighing in on Tenaris SA (TS – Research Report) and Suncor Energy (SU – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Tenaris SA (TS)
In a report issued on February 2, Michele Della Vigna from Goldman Sachs maintained a Hold rating on Tenaris SA, with a price target of $44.60. The company’s shares closed last Tuesday at $46.30.
According to TipRanks.com, Vigna is ranked #1722 out of 12040 analysts.
Tenaris SA has an analyst consensus of Hold, with a price target consensus of $43.52.
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Suncor Energy (SU)
Jefferies analyst Lloyd Byrne maintained a Hold rating on Suncor Energy yesterday and set a price target of C$66.00. The company’s shares closed last Tuesday at $53.46.
According to TipRanks.com, Byrne is a 5-star analyst with an average return of
Suncor Energy has an analyst consensus of Moderate Buy, with a price target consensus of $50.75, which is a -4.5% downside from current levels. In a report issued on January 23, Morgan Stanley also maintained a Hold rating on the stock with a C$60.00 price target.
