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Analysts Offer Insights on Energy Companies: Paladin Energy Ltd (OtherPALAF), Alliance Resource (ARLP) and CVR Energy (CVI)

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Paladin Energy Ltd (PALAFResearch Report), Alliance Resource (ARLPResearch Report) and CVR Energy (CVIResearch Report).

Paladin Energy Ltd (PALAF)

Jefferies analyst Mitch Ryan maintained a Buy rating on Paladin Energy Ltd yesterday and set a price target of A$14.00. The company’s shares closed last Monday at $7.11.

According to TipRanks.com, Ryan is a 4-star analyst with an average return of 11.5% and a 69.2% success rate. Ryan covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Fortescue Metals Group Ltd, and Sandfire Resources Limited.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Paladin Energy Ltd with a $9.55 average price target, which is a 17.9% upside from current levels. In a report released today, Morgan Stanley also maintained a Buy rating on the stock with a A$12.30 price target.

See today’s best-performing stocks on TipRanks >>

Alliance Resource (ARLP)

In a report released today, Mark Reichman from Noble Financial maintained a Buy rating on Alliance Resource, with a price target of $28.00. The company’s shares closed last Monday at $25.50, close to its 52-week high of $26.21.

Reichman has an average return of 20.1% when recommending Alliance Resource.

According to TipRanks.com, Reichman is ranked #9092 out of 9139 analysts.

Alliance Resource has an analyst consensus of Moderate Buy, with a price target consensus of $27.50, implying an 8.7% upside from current levels. In a report released today, Benchmark Co. also reiterated a Buy rating on the stock with a $27.00 price target.

CVR Energy (CVI)

In a report released yesterday, Nitin Kumar CFA from Mizuho Securities maintained a Hold rating on CVR Energy. The company’s shares closed last Monday at $23.82, close to its 52-week low of $21.05.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 13.7% and a 60.5% success rate. CFA covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, California Resources Corp, and HF Sinclair Corporation.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for CVR Energy with a $21.75 average price target.

Read More on PALAF:

אנליסט Benchmark, נתן מרטין, העלה את מחיר היעד עבור Alliance Resource Partners (