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Wall Street Analysts Are Bullish on Top Energy Picks

Tipranks - Tue Jan 27, 7:12AM CST

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Viper Energy (VNOMResearch Report) and Baker Hughes Company (BKRResearch Report) with bullish sentiments.

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Viper Energy (VNOM)

Roth MKM analyst Leo Mariani maintained a Buy rating on Viper Energy today and set a price target of $48.00. The company’s shares closed last Friday at $39.63.

According to TipRanks.com, Mariani is a 5-star analyst with an average return of 27.1% and a 60.3% success rate. Mariani covers the NA sector, focusing on stocks such as California Resources Corp, Prairie Operating Co, and Occidental Petroleum. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Viper Energy with a $51.08 average price target, implying a 28.9% upside from current levels. 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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Baker Hughes Company (BKR)

Stifel Nicolaus analyst Stephen Gengaro reiterated a Buy rating on Baker Hughes Company today and set a price target of $57.00. The company’s shares closed last Friday at $53.92.

According to TipRanks.com, Gengaro is a 5-star analyst with an average return of 18.6% and a 51.9% success rate. Gengaro covers the NA sector, focusing on stocks such as Solaris Energy Infrastructure, Liberty Oilfield Services, and Oil States International. ;'>

Baker Hughes Company has an analyst consensus of Strong Buy, with a price target consensus of $55.83, which is a 0.9% upside from current levels. In a report issued on January 12, Bank of America Securities also maintained a Buy rating on the stock with a $55.00 price target.

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