Analysts have been eager to weigh in on the Energy sector with new ratings on Permian Resources (PR – Research Report), Delek US Holdings (DK – Research Report) and Energy Transfer (ET – Research Report).
Permian Resources (PR)
In a report released today, Hanwen Chang from Wells Fargo maintained a Buy rating on Permian Resources, with a price target of $21.00. The company’s shares closed last Monday at $16.76, close to its 52-week high of $18.28.
According to TipRanks.com, Chang is a 4-star analyst with an average return of
Currently, the analyst consensus on Permian Resources is a Strong Buy with an average price target of $20.00, implying a 20.5% upside from current levels. In a report issued on May 8, Benchmark Co. also maintained a Buy rating on the stock with a $17.00 price target.
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Delek US Holdings (DK)
Wells Fargo analyst Roger Read maintained a Sell rating on Delek US Holdings today and set a price target of $26.00. The company’s shares closed last Monday at $27.50.
According to TipRanks.com, Read is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Delek US Holdings with a $30.44 average price target, implying a 9.8% upside from current levels. In a report issued on May 8, Mizuho Securities also maintained a Sell rating on the stock with a $30.00 price target.
Energy Transfer (ET)
Wells Fargo analyst Michael Blum maintained a Buy rating on Energy Transfer today and set a price target of $18.00. The company’s shares closed last Monday at $15.82, close to its 52-week high of $16.40.
According to TipRanks.com, Blum is a 5-star analyst with an average return of
Currently, the analyst consensus on Energy Transfer is a Strong Buy with an average price target of $18.56, implying a 16.6% upside from current levels. In a report issued on May 10, Stifel Nicolaus also maintained a Buy rating on the stock with a $19.00 price target.
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Read More on PR:
- Permian Resources Announces Class A Common Stock Public Offering
- Permian Resources price target raised to $21 from $20 at Mizuho
- Permian Resources Essential Financial Updates Released
- Permian Resources boosts 2024 standalone oil, production targets
- Permian Resources reports Q1 adjusted EPS 42c, consensus 37c
