RBC Capital Sticks to Their Buy Rating for Tamboran Resources Corporation (TBN)
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Scott Hanold maintained a Buy rating on Tamboran Resources Corporation on September 25 and set a price target of $55.00. The company’s shares closed last Friday at $35.11.
According to TipRanks, Hanold is a 5-star analyst with an average return of 15.2% and a 62.82% success rate. Hanold covers the Energy sector, focusing on stocks such as California Resources Corp, SM Energy, and EQT.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tamboran Resources Corporation with a $53.00 average price target, which is a 50.95% upside from current levels. In a report released on September 25, Roth MKM also assigned a Buy rating to the stock with a $47.00 price target.