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Analysts Offer Insights on Energy Companies: Williams Co (WMB) and Schlumberger (SLB)

Tipranks - Tipranks - Fri Jun 19, 7:26AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Williams Co (WMB) and Schlumberger (SLB) with bullish sentiments.

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Williams Co (WMB)

In a report released yesterday, Ameet Thakkar from BMO Capital maintained a Buy rating on Williams Co, with a price target of $85.00. The company’s shares closed last Wednesday at $71.25.

Thakkar has an average return of 10.3% when recommending Williams Co. ;'>

According to TipRanks.com, Thakkar is ranked #11963 out of 12315 analysts.

Currently, the analyst consensus on Williams Co is a Strong Buy with an average price target of $84.13, which is a 18.2% upside from current levels. In a report issued on June 9, Morgan Stanley also maintained a Buy rating on the stock with a $98.00 price target.

See the top stocks recommended by analysts >>

Schlumberger (SLB)

BMO Capital analyst Phillip Jungwirth maintained a Buy rating on Schlumberger today and set a price target of $63.00. The company’s shares closed last Wednesday at $50.33.

According to TipRanks.com, Jungwirth is a 4-star analyst with an average return of 6.9% and a 50.6% success rate. Jungwirth covers the NA sector, focusing on stocks such as Flowco Holdings Inc Class A, Weatherford International, and HF Sinclair Corporation. ;'>

Currently, the analyst consensus on Schlumberger is a Strong Buy with an average price target of $63.88, representing a 20.8% upside. In a report issued on June 16, Barclays also maintained a Buy rating on the stock with a $66.00 price target.

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