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Analysts’ Opinions Are Mixed on These Energy Stocks: KNOT Offshore Partners (KNOP) and Weatherford International (WFRD)

Tipranks - Wed Jun 3, 6:52AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on KNOT Offshore Partners (KNOP) and Weatherford International (WFRD).

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KNOT Offshore Partners (KNOP)

Alliance Global Partners analyst Poe Fratt maintained a Hold rating on KNOT Offshore Partners yesterday. The company’s shares closed last Monday at $10.97.

According to TipRanks.com, Fratt is a 5-star analyst with an average return of 33.4% and a 55.5% success rate. Fratt covers the NA sector, focusing on stocks such as Tsakos Energy Navigation, Vitesse Energy, Inc., and Evolution Petroleum. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for KNOT Offshore Partners with a $14.50 average price target, implying a 33.3% upside from current levels. In a report issued on May 20, TipRanks – PerPlexity also downgraded the stock to Hold with a $12.00 price target.

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Weatherford International (WFRD)

Piper Sandler analyst Derek Podhaizer maintained a Buy rating on Weatherford International today and set a price target of $118.00. The company’s shares closed last Monday at $102.71.

According to TipRanks.com, Podhaizer is a 5-star analyst with an average return of 22.0% and a 68.8% success rate. Podhaizer covers the NA sector, focusing on stocks such as National Energy Services Reunited, Solaris Energy Infrastructure, and Flowco Holdings Inc Class A. ;'>

Weatherford International has an analyst consensus of Strong Buy, with a price target consensus of $123.22, which is a 18.2% upside from current levels. In a report issued on May 20, TipRanks – OpenAI also upgraded the stock to Buy with a $123.00 price target.

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