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Analysts’ Top Utilities Picks: Brookfield Infrastructure (BIP), PDC Energy (PDCE)

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Brookfield Infrastructure (BIPResearch Report) and PDC Energy (PDCEResearch Report) with bullish sentiments.

Brookfield Infrastructure (BIP)

BMO Capital analyst Devin Dodge maintained a Buy rating on Brookfield Infrastructure today and set a price target of $71.00. The company’s shares closed last Wednesday at $65.28, close to its 52-week high of $65.51.

According to TipRanks.com, Dodge is a 4-star analyst with an average return of 11.3% and a 70.9% success rate. Dodge covers the Industrial Goods sector, focusing on stocks such as SNC-Lavalin Group, Russel Metals, and Stantec.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Brookfield Infrastructure with a $67.40 average price target.

See the top stocks recommended by analysts >>

PDC Energy (PDCE)

KeyBanc analyst Leo Mariani maintained a Buy rating on PDC Energy today and set a price target of $80.00. The company’s shares closed last Wednesday at $75.27, close to its 52-week high of $78.13.

According to TipRanks.com, Mariani is a top 100 analyst with an average return of 35.4% and a 66.2% success rate. Mariani covers the Utilities sector, focusing on stocks such as Centennial Resource Development, Whiting Petroleum Corporation, and California Resources Corp.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for PDC Energy with a $83.11 average price target.

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