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Analysts Offer Insights on Energy Companies: Chord Energy (CHRD) and Plains All American (PAA)

Tipranks - Wed Sep 23, 8:10AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Chord Energy (CHRD) and Plains All American (PAA).

Chord Energy (CHRD)

UBS analyst Josh Silverstein maintained a Buy rating on Chord Energy today and set a price target of $184.00. The company’s shares closed last Monday at $139.43.

According to TipRanks.com, Silverstein is a 5-star analyst with an average return of 10.8% and a 59.6% success rate. Silverstein covers the NA sector, focusing on stocks such as National Energy Services Reunited, California Resources Corp, and Weatherford International. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Chord Energy with a $164.75 average price target, representing a 15.0% upside. In a report issued on September 10, Stifel Nicolaus also initiated coverage with a Buy rating on the stock with a $182.00 price target.

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

Plains All American (PAA)

In a report released today, Jeremy Tonet from J.P. Morgan maintained a Hold rating on Plains All American, with a price target of $27.00. The company’s shares closed last Monday at $24.99.

According to TipRanks.com, Tonet is a 5-star analyst with an average return of 8.5% and a 57.6% success rate. Tonet covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and Consolidated Edison. ;'>

Currently, the analyst consensus on Plains All American is a Moderate Buy with an average price target of $26.00, representing a 2.1% upside. In a report issued on September 17, Citi also maintained a Hold rating on the stock with a $25.00 price target.

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