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Analysts Offer Insights on Energy Companies: Transocean (RIG), Talos Energy (TALO) and Williams Co (WMB)

Tipranks - Thu Jul 2, 4:06AM CDT

There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on Transocean (RIG), Talos Energy (TALO) and Williams Co (WMB) with bullish sentiments.

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Transocean (RIG)

In a report released today, Eddie Kim from Barclays maintained a Buy rating on Transocean, with a price target of $8.00. The company’s shares closed last Tuesday at $4.89.

According to TipRanks.com, Kim is a 1-star analyst with an average return of -1.0% and a 41.2% success rate. Kim covers the NA sector, focusing on stocks such as Oceaneering International, Atlas Energy Solutions, and Innovex International. ;'>

Transocean has an analyst consensus of Moderate Buy, with a price target consensus of $7.17.

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Talos Energy (TALO)

KeyBanc analyst Tim Rezvan assigned a Buy rating to Talos Energy today and set a price target of $21.00. The company’s shares closed last Tuesday at $12.91.

According to TipRanks.com, Rezvan is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.4% and a 40.9% success rate. Rezvan covers the NA sector, focusing on stocks such as Infinity Natural Resources, Inc. Class A, Crescent Energy Company Class A, and National Fuel Gas Company. ;'>

Talos Energy has an analyst consensus of Moderate Buy, with a price target consensus of $18.00, representing a 33.3% upside. In a report released yesterday, Roth MKM also maintained a Buy rating on the stock with a $17.00 price target.

Williams Co (WMB)

Jefferies analyst Julien Dumoulin Smith reiterated a Buy rating on Williams Co today and set a price target of $85.00. The company’s shares closed last Tuesday at $74.34.

According to TipRanks.com, Smith is a 5-star analyst with an average return of 11.7% and a 64.0% success rate. Smith covers the Utilities sector, focusing on stocks such as Hallador Energy Company, Centerpoint Energy, and Southwest Gas. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Williams Co with a $84.81 average price target, which is a 13.2% upside from current levels. In a report issued on June 17, BMO Capital also maintained a Buy rating on the stock with a $85.00 price target.

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