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Cabot Oil & Gas (NYSE: COG) was downgraded by equities research analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The analysts noted that the move was a valuation call.

COG has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Cabot Oil & Gas in a research note to investors on Thursday, March 21st. They now have a $90.00 price target on the stock. Separately, analysts at Buckingham Research downgraded shares of Cabot Oil & Gas from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, March 6th. Finally, analysts at Howard Weil raised their price target on shares of Cabot Oil & Gas from $50.00 to $65.00 in a research note to investors on Monday, March 4th. They now have a “sector perform” rating on the stock.

Eleven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Cabot Oil & Gas currently has an average rating of “Hold” and a consensus price target of $61.70.

Shares of Cabot Oil & Gas (NYSE: COG) opened at 67.42 on Tuesday. Cabot Oil & Gas has a 52 week low of $28.84 and a 52 week high of $68.98. The stock’s 50-day moving average is currently $60.86. The company has a market cap of $14.160 billion and a P/E ratio of 108.74.

Cabot Oil & Gas (NYSE: COG) last issued its quarterly earnings data on Thursday, February 21st. The company reported $0.27 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.21 by $0.06. The company had revenue of $369.88 million for the quarter, compared to the consensus estimate of $348.70 million. During the same quarter last year, the company posted $0.20 earnings per share. Cabot Oil & Gas’s revenue was up 38.0% compared to the same quarter last year. On average, analysts predict that Cabot Oil & Gas will post $1.34 earnings per share for the current fiscal year.

Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties.

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