There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Birchcliff Energy (BIREF – Research Report) and Chesapeake Energy (CHK – Research Report) with bullish sentiments.
Birchcliff Energy (BIREF)
BMO Capital analyst Randy Ollenberger maintained a Buy rating on Birchcliff Energy today and set a price target of C$13.00. The company’s shares closed last Wednesday at $6.45.
According to TipRanks.com, Ollenberger is a 5-star analyst with an average return of
Birchcliff Energy has an analyst consensus of Strong Buy, with a price target consensus of $9.13, implying a 32.1% upside from current levels. In a report issued on January 12, Stifel Nicolaus also initiated coverage with a Buy rating on the stock with a C$9.75 price target.
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Chesapeake Energy (CHK)
BMO Capital analyst Phillip Jungwirth maintained a Buy rating on Chesapeake Energy today and set a price target of $115.00. The company’s shares closed last Thursday at $87.52.
According to TipRanks.com, Jungwirth is a 4-star analyst with an average return of
Chesapeake Energy has an analyst consensus of Strong Buy, with a price target consensus of $140.11, a 57.7% upside from current levels. In a report issued on January 9, Mizuho Securities also initiated coverage with a Buy rating on the stock with a $155.00 price target.
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Read More on BIREF:
- Birchcliff Energy price target lowered to C$10.50 from C$12.75 at CIBC
- Birchcliff Energy downgraded to Sector Perform from Outperform at Scotiabank
- Birchcliff Energy resumed with a Buy at Stifel
- Birchcliff Energy price target lowered to C$12 from C$13.50 at National Bank
- Know Who to Trust! Here are the Top 10 Analysts of December 2022, According to TipRanks