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Analysts Offer Insights on Energy Companies: Parex Resources (OtherPARXF), PBF Energy (PBF) and Vermilion Energy (VET)

Tipranks - Fri May 8, 7:24AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Parex Resources (PARXF), PBF Energy (PBF) and Vermilion Energy (VET).

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Parex Resources (PARXF)

In a report issued on May 5, Alejandro Demichelis from Jefferies maintained a Hold rating on Parex Resources, with a price target of C$32.50. The company’s shares closed last Wednesday at $20.83.

According to TipRanks.com, Demichelis is ranked #3693 out of 12228 analysts.

Parex Resources has an analyst consensus of Moderate Buy, with a price target consensus of $25.41.

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PBF Energy (PBF)

J.P. Morgan analyst Zach Parham maintained a Hold rating on PBF Energy yesterday and set a price target of $49.00. The company’s shares closed last Wednesday at $41.59.

According to TipRanks.com, Parham is a 5-star analyst with an average return of 11.4% and a 63.8% success rate. Parham covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, California Resources Corp, and National Fuel Gas Company. ;'>

PBF Energy has an analyst consensus of Hold, with a price target consensus of $43.36, representing a 0.5% upside. In a report issued on April 22, Scotiabank also maintained a Hold rating on the stock with a $34.00 price target.

Vermilion Energy (VET)

In a report released yesterday, Amir Arif from ATB Cormark Capital Markets maintained a Buy rating on Vermilion Energy, with a price target of C$24.00. The company’s shares closed last Wednesday at $11.87, close to its 52-week high of $12.79.

According to TipRanks.com, Arif is ranked #527 out of 12228 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vermilion Energy with a $13.31 average price target, a 6.5% upside from current levels. In a report issued on April 21, TipRanks – Google also upgraded the stock to Buy with a C$17.50 price target.

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