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Analysts Are Bullish on These Energy Stocks: California Resources Corp (CRC), W&T Offshore (WTI)

Tipranks - Tipranks - Sat Apr 18, 5:44AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on California Resources Corp (CRC) and W&T Offshore (WTI) with bullish sentiments.

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California Resources Corp (CRC)

Barclays analyst Betty Jiang maintained a Buy rating on California Resources Corp today and set a price target of $72.00. The company’s shares closed last Thursday at $66.87.

According to TipRanks.com, Jiang is a 4-star analyst with an average return of 4.6% and a 50.0% success rate. Jiang covers the NA sector, focusing on stocks such as Occidental Petroleum, Antero Resources, and BKV Corporation. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for California Resources Corp with a $78.80 average price target, which is a 21.1% upside from current levels. In a report issued on April 9, RBC Capital also maintained a Buy rating on the stock with a $87.00 price target.

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W&T Offshore (WTI)

William Blair analyst Neal Dingmann initiated coverage with a Buy rating on W&T Offshore today and set a price target of $5.00. The company’s shares closed last Thursday at $3.06.

According to TipRanks.com, Dingmann is a 3-star analyst with an average return of 1.6% and a 48.5% success rate. Dingmann covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Kodiak Gas Services, Inc., and Mach Natural Resources LP. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for W&T Offshore with a $5.00 average price target.

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