There’s a lot to be optimistic about in the Utilities sector as 3 analysts just weighed in on Cheniere Energy (LNG – Research Report), EQT (EQT – Research Report) and Matador Resources (MTDR – Research Report) with bullish sentiments.
Cheniere Energy (LNG)
Mizuho Securities analyst Robert Mosca maintained a Buy rating on Cheniere Energy today and set a price target of $195.00. The company’s shares closed last Wednesday at $148.40.
Mosca has an average return of 16.8% when recommending Cheniere Energy.
According to TipRanks.com, Mosca is ranked #2247 out of 8294 analysts.
Currently, the analyst consensus on Cheniere Energy is a Strong Buy with an average price target of $204.36, implying a 37.0% upside from current levels. In a report issued on January 13, Barclays also maintained a Buy rating on the stock with a $192.00 price target.
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EQT (EQT)
In a report released today, Neil Mehta from Goldman Sachs maintained a Buy rating on EQT, with a price target of $44.00. The company’s shares closed last Wednesday at $32.91.
According to TipRanks.com, Mehta is a 5-star analyst with an average return of 14.5% and a 66.2% success rate. Mehta covers the Utilities sector, focusing on stocks such as HF Sinclair Corporation, Par Pacific Holdings, and Southwestern Energy.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for EQT with a $52.49 average price target, a 55.6% upside from current levels. In a report released yesterday, Wells Fargo also initiated coverage with a Buy rating on the stock with a $41.00 price target.
Matador Resources (MTDR)
Cowen & Co. analyst Gabriel Daoud maintained a Buy rating on Matador Resources today and set a price target of $78.00. The company’s shares closed last Wednesday at $64.93.
Daoud has an average return of 31.3% when recommending Matador Resources.
According to TipRanks.com, Daoud is ranked #7913 out of 8294 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Matador Resources with a $75.67 average price target, a 18.6% upside from current levels. In a report issued on January 19, RBC Capital also maintained a Buy rating on the stock with a $78.00 price target.
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