Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Carrizo Oil & Gas (NASDAQ: CRZO), Bill Barrett Corporation (NYSE: BBG) and PDC Energy (NASDAQ: PDCE).
Carrizo Oil & Gas (NASDAQ: CRZO)
In a report issued on July 7, Brad Carpenter from Cantor Fitzgerald reiterated a Buy rating on Carrizo Oil & Gas (NASDAQ: CRZO), with a price target of $39. The company’s shares closed last Friday at $35.49.
According to TipRanks.com, Carpenter is a 5-star analyst with an average return of 14.7% and a 51.7% success rate. Carpenter covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp., Oasis Petroleum Inc., and Triangle Petroleum.
Currently, the analyst consensus on Carrizo Oil & Gas is Strong Buy and the average price target is $40.40, representing a 13.8% upside.
In a report issued on June 24, Credit Suisse also reiterated a Buy rating on the stock with a $38 price target.
Bill Barrett Corporation (NYSE: BBG)
In a report issued on July 7, Brad Carpenter from Cantor Fitzgerald reiterated a Hold rating on Bill Barrett Corp (NYSE: BBG), with a price target of $7.50. The company’s shares closed last Friday at $6.14.
According to TipRanks.com, Carpenter is a 5-star analyst with an average return of 14.7% and a 51.7% success rate. Carpenter covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp., Oasis Petroleum Inc., and Triangle Petroleum.
Bill Barrett Corp has an analyst consensus of Hold, with a price target consensus of $8.25
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PDC Energy (NASDAQ: PDCE)
In a report issued on July 7, Brad Carpenter from Cantor Fitzgerald reiterated a Buy rating on PDC Energy (NASDAQ: PDCE), with a price target of $68. The company’s shares closed last Friday at $55.38.
According to TipRanks.com, Carpenter is a 5-star analyst with an average return of 14.7% and a 51.7% success rate. Carpenter covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp., Oasis Petroleum Inc., and Triangle Petroleum.
Currently, the analyst consensus on PDC Energy is Moderate Buy and the average price target is $72.33, representing a 30.6% upside.
In a report issued on June 24, Credit Suisse also assigned a Buy rating to the stock with a $81 price target.