Analysts Offer Insights on Utilities Companies: and Cimarex Energy (NYSE: XEC)

Analysts fell to the sidelines weighing in on and Cimarex Energy (XECResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Cimarex Energy (XEC)

Wells Fargo analyst Nitin Kumar CFA maintained a Hold rating on Cimarex Energy on July 7 and set a price target of $81.00. The company’s shares closed last Wednesday at $66.03.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -3.2% and a 13.3% success rate. CFA covers the Utilities sector, focusing on stocks such as Continental Resources, Northern Oil And Gas, and Southwestern Energy.

Cimarex Energy has an analyst consensus of Moderate Buy, with a price target consensus of $81.07, implying a 25.1% upside from current levels. In a report issued on June 30, UBS also maintained a Hold rating on the stock with a $85.00 price target.

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