Share on StockTwits

CONSOL Energy (NYSE:CNX)‘s stock had its “outperform” rating reaffirmed by investment analysts at Raymond James in a note issued to investors on Friday. They currently have a $53.00 price target on the stock, up from their previous price target of $50.00. Raymond James’ target price would indicate a potential upside of 18.25% from the company’s current price.

CONSOL Energy (NYSE:CNX) traded up 3.28% during mid-day trading on Friday, hitting $46.29. The stock had a trading volume of 1,855,305 shares. CONSOL Energy has a 1-year low of $26.25 and a 1-year high of $48.30. The stock’s 50-day moving average is $44.59 and its 200-day moving average is $40.15. The company has a market cap of $10.642 billion and a P/E ratio of 13.19.

CONSOL Energy (NYSE:CNX) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.31. The company had revenue of $969.15 million for the quarter, compared to the consensus estimate of $887.17 million. During the same quarter in the previous year, the company posted $0.19 earnings per share. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. Analysts expect that CONSOL Energy will post $1.28 EPS for the current fiscal year.

A number of other firms have also recently commented on CNX. Analysts at Zacks reiterated a “neutral” rating on shares of CONSOL Energy in a research note on Wednesday. They now have a $49.00 price target on the stock. Separately, analysts at Goldman Sachs upgraded shares of CONSOL Energy from a “neutral” rating to a “buy” rating in a research note on Friday, June 6th. They now have a $55.00 price target on the stock, up previously from $49.00. Finally, analysts at Stifel Nicolaus raised their price target on shares of CONSOL Energy from $46.00 to $51.00 in a research note on Monday, May 5th. Three analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $47.88.

CONSOL Energy Inc (NYSE:CNX) is a producer of coal and natural gas for global energy and raw material markets, which include the electric power generation industry and the steelmaking industry.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.