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Analysts Are Neutral on These Utilities Stocks: Baytex Energy (BTEGF), Athabasca Oil (ATHOF)

Analysts fell to the sidelines weighing in on Baytex Energy (BTEGFResearch Report) and Athabasca Oil (ATHOFResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Baytex Energy (BTEGF)

In a report issued on September 22, Gregory Pardy from RBC Capital maintained a Hold rating on Baytex Energy, with a price target of C$9.00. The company’s shares closed last Friday at $4.30.

According to TipRanks.com, Pardy is a top 100 analyst with an average return of 24.5% and a 59.9% success rate. Pardy covers the Utilities sector, focusing on stocks such as Canadian Natural, Vermilion Energy, and Cenovus Energy.

Baytex Energy has an analyst consensus of Moderate Buy, with a price target consensus of $6.71.

See the top stocks recommended by analysts >>

Athabasca Oil (ATHOF)

RBC Capital analyst Luke Davis maintained a Hold rating on Athabasca Oil on September 21 and set a price target of C$3.50. The company’s shares closed last Friday at $1.53.

According to TipRanks.com, Davis is a top 100 analyst with an average return of 33.5% and a 60.7% success rate. Davis covers the Utilities sector, focusing on stocks such as Tamarack Valley Energy, Headwater Exploration, and Whitecap Resources.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Athabasca Oil with a $2.69 average price target.

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