Analysts’ Opinions Are Mixed on These Energy Stocks: Noble Corporation PLC Class A (NE) and Comstock Resources (CRK)
Analysts have been eager to weigh in on the Energy sector with new ratings on Noble Corporation PLC Class A (NE – Research Report) and Comstock Resources (CRK – Research Report).
Noble Corporation PLC Class A (NE)
In a report released today, Eddie Kim from Barclays maintained a Buy rating on Noble Corporation PLC Class A, with a price target of $54.00. The company’s shares closed last Thursday at $36.17, close to its 52-week low of $33.47.
According to TipRanks.com, Kim is a 4-star analyst with an average return of 10.4% and a 52.9% success rate. Kim covers the NA sector, focusing on stocks such as Oceaneering International, Expro Group Holdings, and Transocean.
Currently, the analyst consensus on Noble Corporation PLC Class A is a Strong Buy with an average price target of $54.60, a 45.0% upside from current levels. In a report issued on September 12, Citi also maintained a Buy rating on the stock with a $45.00 price target.
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Comstock Resources (CRK)
KeyBanc analyst Tim Rezvan maintained a Hold rating on Comstock Resources today. The company’s shares closed last Thursday at $10.13.
According to TipRanks.com, Rezvan is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.2% and a 38.8% success rate. Rezvan covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Civitas Resources, and Gulfport Energy.
The word on The Street in general, suggests a Hold analyst consensus rating for Comstock Resources with a $9.40 average price target.
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