Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Obsidian Energy (OBE – Research Report) and TransAlta (TAC – Research Report).
Obsidian Energy (OBE)
BMO Capital analyst Mike Murphy CFA maintained a Hold rating on Obsidian Energy today and set a price target of C$14.00. The company’s shares closed last Wednesday at $8.44.
According to TipRanks.com, CFA is a 5-star analyst with an average return of
Currently, the analyst consensus on Obsidian Energy is a Moderate Buy with an average price target of $11.43.
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TransAlta (TAC)
In a report released today, Benjamin Pham from BMO Capital maintained a Buy rating on TransAlta, with a price target of C$20.00. The company’s shares closed last Wednesday at $9.48.
According to TipRanks.com, Pham is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for TransAlta with a $11.81 average price target, a 25.4% upside from current levels. In a report issued on October 25, Credit Suisse also maintained a Buy rating on the stock with a C$15.00 price target.
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