Analysts Offer Insights on Energy Companies: Chord Energy (CHRD), PBF Energy (PBF) and Delek US Holdings (DK)
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Chord Energy (CHRD)
Wells Fargo analyst Hanwen Chang maintained a Buy rating on Chord Energy yesterday and set a price target of $143.00. The company's shares closed last Monday at $106.72, close to its 52-week low of $99.40.
According to TipRanks.com, Chang is a 1-star analyst with an average return of -1.1% and a 45.6% success rate. Chang covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Magnolia Oil & Gas, and Matador Resources. ;'>
Currently, the analyst consensus on Chord Energy is a Strong Buy with an average price target of $129.40, implying a 19.0% upside from current levels. In a report issued on June 30, RBC Capital also maintained a Buy rating on the stock with a $145.00 price target.
PBF Energy (PBF)
In a report released yesterday, Roger Read from Wells Fargo maintained a Hold rating on PBF Energy, with a price target of $24.00. The company's shares closed last Monday at $26.97.
According to TipRanks.com, Read is a 3-star analyst with an average return of 0.9% and a 54.4% success rate. Read covers the NA sector, focusing on stocks such as Calumet Specialty Products, Liberty Oilfield Services, and HF Sinclair Corporation. ;'>
PBF Energy has an analyst consensus of Moderate Sell, with a price target consensus of $20.00, a -28.6% downside from current levels. In a report issued on July 8, Morgan Stanley also maintained a Hold rating on the stock with a $20.00 price target.
Delek US Holdings (DK)
Bank of America Securities analyst Jean Ann Salisbury maintained a Sell rating on Delek US Holdings yesterday and set a price target of $13.00. The company's shares closed last Monday at $26.20.
According to TipRanks.com, Salisbury is a 4-star analyst with an average return of 9.2% and a 65.2% success rate. Salisbury covers the NA sector, focusing on stocks such as Venture Global, Inc. Class A, Enterprise Products Partners, and Cheniere Energy Partners. ;'>
The word on The Street in general, suggests a Hold analyst consensus rating for Delek US Holdings with a $18.00 average price target, a -32.0% downside from current levels. In a report issued on July 10, Morgan Stanley also maintained a Sell rating on the stock with a $15.00 price target.
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