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Analysts Conflicted on These Energy Names: NextDecade (NEXT), TC Energy (TRP) and Athabasca Oil (OtherATHOF)

Tipranks - Sat Aug 1, 9:58AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on NextDecade (NEXT), TC Energy (TRP) and Athabasca Oil (ATHOF).

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NextDecade (NEXT)

Goldman Sachs analyst Olivia Halferty Foster maintained a Hold rating on NextDecade yesterday and set a price target of $8.50. The company’s shares closed last Friday at $6.56.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NextDecade with a $9.17 average price target, a 35.3% upside from current levels. In a report issued on July 22, Morgan Stanley also maintained a Hold rating on the stock with a $8.00 price target.

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TC Energy (TRP)

CIBC analyst Robert Catellier reiterated a Buy rating on TC Energy today and set a price target of C$103.00. The company’s shares closed last Friday at $67.94.

Catellier has an average return of 6.8% when recommending TC Energy. ;'>

According to TipRanks.com, Catellier is ranked #639 out of 12407 analysts.

TC Energy has an analyst consensus of Moderate Buy, with a price target consensus of $73.06, representing a 5.9% upside. In a report issued on July 21, Scotiabank also maintained a Buy rating on the stock with a C$105.00 price target.

Athabasca Oil (ATHOF)

In a report released yesterday, Gregory Pardy from RBC Capital maintained a Hold rating on Athabasca Oil, with a price target of C$12.00. The company’s shares closed last Friday at $7.43.

According to TipRanks.com, Pardy is a top 100 analyst with an average return of 23.5% and a 66.5% success rate. Pardy covers the NA sector, focusing on stocks such as Greenfire Resources, Gran Tierra Energy, and Canadian Natural. ;'>

Currently, the analyst consensus on Athabasca Oil is a Hold with an average price target of $9.15, implying a 22.5% upside from current levels. In a report issued on July 29, TipRanks – Anthropic also downgraded the stock to Hold with a C$11.00 price target.

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