Analysts Offer Insights on Energy Companies: Viper Energy (VNOM) and Birchcliff Energy (OtherBIREF)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Viper Energy (VNOM – Research Report) and Birchcliff Energy (BIREF – Research Report) with bullish sentiments.
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Viper Energy (VNOM)
Barclays analyst Betty Jiang maintained a Buy rating on Viper Energy today and set a price target of $54.00. The company’s shares closed last Tuesday at $37.28, close to its 52-week low of $35.46.
According to TipRanks.com, Jiang is a 1-star analyst with an average return of
Viper Energy has an analyst consensus of Strong Buy, with a price target consensus of $50.23, representing a 34.7% upside. In a report issued on January 15, KeyBanc also maintained a Buy rating on the stock with a $54.00 price target.
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Birchcliff Energy (BIREF)
In a report released today, Mike Mueller from Canaccord Genuity reiterated a Buy rating on Birchcliff Energy, with a price target of C$9.00. The company’s shares closed last Tuesday at $5.10.
According to TipRanks.com, Mueller is a 3-star analyst with an average return of
Birchcliff Energy has an analyst consensus of Strong Buy, with a price target consensus of $6.30, implying a 26.0% upside from current levels. In a report issued on January 12, RBC Capital also maintained a Buy rating on the stock with a C$8.00 price target.
