There’s a lot to be optimistic about in the Energy sector as 3 analysts just weighed in on EQT (EQT – Research Report), Transocean (RIG – Research Report) and Alliance Resource (ARLP – Research Report) with bullish sentiments.
EQT (EQT)
Piper Sandler analyst Mark Lear maintained a Buy rating on EQT today and set a price target of $46.00. The company’s shares closed last Monday at $41.05.
According to TipRanks.com, Lear is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for EQT with a $43.88 average price target, which is an 8.3% upside from current levels. In a report issued on April 16, Scotiabank also maintained a Buy rating on the stock with a $52.00 price target.
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Transocean (RIG)
Benchmark Co. analyst Kurt Hallead maintained a Buy rating on Transocean today and set a price target of $8.00. The company’s shares closed last Monday at $5.82.
According to TipRanks.com, Hallead is a 3-star analyst with an average return of
Currently, the analyst consensus on Transocean is a Hold with an average price target of $8.00.
Alliance Resource (ARLP)
In a report released today, Nathan Martin from Benchmark Co. reiterated a Buy rating on Alliance Resource, with a price target of $25.00. The company’s shares closed last Monday at $22.21.
According to TipRanks.com, Martin is a 5-star analyst with an average return of
Alliance Resource has an analyst consensus of Moderate Buy, with a price target consensus of $26.00.
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