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Analysts Offer Insights on Utilities Companies: Devon Energy (DVN), Dominion Energy (D) and Crew Energy (OtherCWEGF)

There’s a lot to be optimistic about in the Utilities sector as 3 analysts just weighed in on Devon Energy (DVNResearch Report), Dominion Energy (DResearch Report) and Crew Energy (CWEGFResearch Report) with bullish sentiments.

Devon Energy (DVN)

Siebert Williams Shank & Co analyst Gabriele Sorbara reiterated a Buy rating on Devon Energy today and set a price target of $100.00. The company’s shares closed last Tuesday at $59.10.

According to TipRanks.com, Sorbara is a 5-star analyst with an average return of 12.1% and a 45.2% success rate. Sorbara covers the Utilities sector, focusing on stocks such as Centennial Resource Development, Continental Resources, and Magnolia Oil & Gas.

Devon Energy has an analyst consensus of Moderate Buy, with a price target consensus of $81.76, representing a 42.1% upside. In a report issued on August 2, Piper Sandler also maintained a Buy rating on the stock with a $94.00 price target.

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

Dominion Energy (D)

In a report released today, James Thalacker from BMO Capital reiterated a Buy rating on Dominion Energy, with a price target of $91.00. The company’s shares closed last Tuesday at $81.84.

According to TipRanks.com, Thalacker is a 5-star analyst with an average return of 10.7% and a 84.3% success rate. Thalacker covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, American Electric Power, and Centerpoint Energy.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dominion Energy with a $88.00 average price target.

Crew Energy (CWEGF)

BMO Capital analyst Mike Murphy CFA maintained a Buy rating on Crew Energy today and set a price target of C$8.00. The company’s shares closed last Monday at $4.12.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 24.1% and a 59.7% success rate. CFA covers the Utilities sector, focusing on stocks such as Headwater Exploration, Advantage Energy, and Kelt Exploration.

Currently, the analyst consensus on Crew Energy is a Moderate Buy with an average price target of $5.67.

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