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Credit Suisse's 9 Energy And Utility Stocks For 2015

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In a recent report, analysts at Credit Suisse outlined their 2015 outlook for energy and utility stocks. Here’s a breakdown of their top stocks to own in 2015.

Related Link: Credit Suisse's 7 Financial Stocks To Consider For 2015

  1. Kinder Morgan Inc (NYSE: KMI): Analysts believe that Kinder Morgan’s recent MLP acquisitions will lower the company’s cost of capital and open the door for double-digit dividend growth and additional potential acquisitions. Price target- $49.00 (+15.4 percent)
  2. Sunedison Inc (NYSE: SUNE): Analysts see benefits of scale that come along with the company’s expansion and cost of capital advantages derived from a recently-launched YieldCo vehicle as drivers of the stock in 2015. Price Target: $34.00 (+79.5 percent)
  3. Exelon Corporation (NYSE: EXC): Analysts point to earnings drivers such as a recovery in the power market, margin expansion and potential new national and local clean energy standards as reasons to own Exelon. Price target: $40.00 (+9.6 percent)
  4. Royal Dutch Shell plc (ADR) (NYSE: RDS-A)(NYSE: RDS-B): Analysts believe that improved discipline, resource depth and a superior LNG portfolio will contribute to the company’s future success. Price target (RDSA): approximately $73.00 (approximately +13.6 percent)
  5. Tesoro Corp (NYSE: TSO): Analysts believe that management’s self-help strategy of lowering the company’s position on the cost curve versus regional competitors has not yet been baked into the stock price. Price target: $100.00 (+36.0 percent)
  6. Devon Energy Corp (NYSE: DVN): Analysts predict that Devon will outperform in 2015 due to its defensive valuation and strong oil growth profile. Price target: $82.00 (+36.2 percent)
  7. PDC Energy Inc (NASDAQ: PDCE): Analysts see PDC as one of the best-positioned exploration and production companies because of its low leverage and strong hedging positions. Price target: $65.00 (+61.0 percent)
  8. Schlumberger Limited. (NYSE: SLB): Analysts see Schlumberger maintaining many advantages over its peers, including size, scale, diversification and market share. Price target: $89.00 (+7.1 percent)
  9. Noble Corporation plc (NYSE: NE): Noble is the top pick among offshore drillers, despite the fact that analysts don’t believe the inflection point in the offshore drilling down-cycle is coming until at least 2016. Price target: $30.00 (+90.7 percent)

Latest Ratings for EXC

DateFirmActionFromTo
Sep 2019MaintainsBuy
Aug 2019UpgradesEqual-WeightOverweight
Aug 2019MaintainsEqual-Weight

View More Analyst Ratings for EXC
View the Latest Analyst Ratings

Posted-In: Credit Suisse YieldCoAnalyst Color Long Ideas Price Target Analyst Ratings Trading Ideas

 

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