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Analysts’ Opinions Are Mixed on These Utilities Stocks: Marathon Oil (MRO), Brookfield Renewable Partners (BEP) and ARC Resources (OtherAETUF)

Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Marathon Oil (MROResearch Report), Brookfield Renewable Partners (BEPResearch Report) and ARC Resources (AETUFResearch Report).

Marathon Oil (MRO)

In a report issued on May 6, Scott Hanold from RBC Capital maintained a Buy rating on Marathon Oil, with a price target of $33.00. The company’s shares closed last Friday at $28.15, close to its 52-week high of $29.00.

According to TipRanks.com, Hanold is a top 25 analyst with an average return of 29.5% and a 65.7% success rate. Hanold covers the Utilities sector, focusing on stocks such as Centennial Resource Development, Whiting Petroleum Corporation, and California Resources Corp.

Currently, the analyst consensus on Marathon Oil is a Moderate Buy with an average price target of $33.13, implying a 17.7% upside from current levels. In a report issued on April 22, Stifel Nicolaus also maintained a Buy rating on the stock with a $37.00 price target.

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Brookfield Renewable Partners (BEP)

In a report issued on May 6, Nelson Ng from RBC Capital maintained a Hold rating on Brookfield Renewable Partners, with a price target of $39.00. The company’s shares closed last Friday at $35.04.

According to TipRanks.com, Ng is ranked #330 out of 7883 analysts.

Brookfield Renewable Partners has an analyst consensus of Moderate Buy, with a price target consensus of $39.77.

ARC Resources (AETUF)

RBC Capital analyst Michael Harvey maintained a Buy rating on ARC Resources on May 6 and set a price target of C$23.00. The company’s shares closed last Friday at $13.98, close to its 52-week high of $15.30.

According to TipRanks.com, Harvey is a 5-star analyst with an average return of 25.5% and a 53.5% success rate. Harvey covers the Utilities sector, focusing on stocks such as Crescent Point Energy, Paramount Resources, and Birchcliff Energy.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for ARC Resources with a $18.52 average price target, representing a 36.5% upside. In a report issued on May 6, BMO Capital also maintained a Buy rating on the stock with a C$22.00 price target.

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