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Analysts’ Top Energy Picks: TC Energy (TRP), Conocophillips (COP)

Tipranks - Thu Jul 9, 6:14AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on TC Energy (TRP) and Conocophillips (COP) with bullish sentiments.

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TC Energy (TRP)

In a report released today, Praneeth Satish from Wells Fargo maintained a Buy rating on TC Energy, with a price target of C$106.00. The company’s shares closed last Tuesday at $68.80.

Satish has an average return of 30.7% when recommending TC Energy. ;'>

According to TipRanks.com, Satish is ranked #4140 out of 12377 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TC Energy with a $71.00 average price target, implying a 5.6% upside from current levels. In a report issued on July 5, RBC Capital also maintained a Buy rating on the stock with a C$104.00 price target.

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

Conocophillips (COP)

In a report released yesterday, Sam Margolin from Wells Fargo maintained a Buy rating on Conocophillips, with a price target of $183.00. The company’s shares closed last Tuesday at $108.44.

According to TipRanks.com, Margolin is a 5-star analyst with an average return of 11.7% and a 68.9% success rate. Margolin covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Tamboran Resources Corporation, and HF Sinclair Corporation. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Conocophillips with a $142.50 average price target, representing a 36.1% upside. In a report issued on June 29, Morgan Stanley also maintained a Buy rating on the stock with a $146.00 price target.

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