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Analysts’ Opinions Are Mixed on These Energy Stocks: Seadrill Limited (SDRL) and BP (BP)

Tipranks - Tipranks - Thu Oct 15, 10:54AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on Seadrill Limited (SDRL) and BP (BP).

Seadrill Limited (SDRL)

BWS Financial analyst Hamed Khorsand maintained a Buy rating on Seadrill Limited today and set a price target of $80.00. The company’s shares closed last Wednesday at $47.47.

According to TipRanks.com, Khorsand is a 5-star analyst with an average return of 13.8% and a 52.0% success rate. Khorsand covers the Technology sector, focusing on stocks such as Ubiquiti Networks, A10 Networks, and Immersion. ;'>

Currently, the analyst consensus on Seadrill Limited is a Strong Buy with an average price target of $62.00, a 25.2% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $59.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

BP (BP)

Bank of America Securities analyst Christopher Kuplent reiterated a Sell rating on BP today. The company’s shares closed last Wednesday at $48.66.

According to TipRanks.com, Kuplent is a 2-star analyst with an average return of 0.8% and a 58.6% success rate. Kuplent covers the NA sector, focusing on stocks such as Equinor ASA, Tenaris SA, and Eni SPA. ;'>

BP has an analyst consensus of Moderate Buy, with a price target consensus of $49.98.

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