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TipRanksStock Market NewsXOM NewsAnalysts Are Bullish on Top Utilities Stocks: Exxon Mobil (XOM), Orsted (DOGEF)
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Analysts Are Bullish on Top Utilities Stocks: Exxon Mobil (XOM), Orsted (DOGEF)

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Exxon Mobil (XOMResearch Report) and Orsted (DOGEFResearch Report) with bullish sentiments.

Exxon Mobil (XOM)

In a report issued on April 29, Biraj Borkhataria from RBC Capital maintained a Buy rating on Exxon Mobil, with a price target of $105.00. The company’s shares closed last Friday at $85.25, close to its 52-week high of $91.51.

According to TipRanks.com, Borkhataria is ranked #3682 out of 7900 analysts.

Currently, the analyst consensus on Exxon Mobil is a Moderate Buy with an average price target of $91.93, which is a 4.3% upside from current levels. In a report issued on April 29, J.P. Morgan also maintained a Buy rating on the stock with a $107.00 price target.

See today’s best-performing stocks on TipRanks >>

Orsted (DOGEF)

Kepler Capital analyst Carola Holtz maintained a Buy rating on Orsted on April 29 and set a price target of DKK1000.00. The company’s shares closed last Friday at $113.44.

According to TipRanks.com, Holtz is a 4-star analyst with an average return of 3.9% and a 48.5% success rate. Holtz covers the Consumer Goods sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Hermes International, and Mercedes-Benz Group.

The word on The Street in general, suggests a Hold analyst consensus rating for Orsted with a $120.59 average price target.

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