CONSOL Energy Stock Rating Reaffirmed by Citigroup Inc. (CNX)
CONSOL Energy (NYSE:CNX)‘s stock had its “neutral” rating restated by stock analysts at Citigroup Inc. in a report issued on Monday. They currently have a $45.00 price target on the stock, up from their previous price target of $44.00. Citigroup Inc.’s price objective suggests a potential upside of 3.95% from the company’s current price.
CNX has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of CONSOL Energy in a research note on Monday, July 7th. They now have a $55.00 price target on the stock, up previously from $53.00. Separately, analysts at Howard Weil raised their price target on shares of CONSOL Energy from $47.00 to $55.00 in a research note on Monday, June 23rd. They now have a “sector outperform” rating on the stock. Finally, analysts at Goldman Sachs reiterated a “buy” rating on shares of CONSOL Energy in a research note on Monday, June 16th. Two research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $49.47.
Shares of CONSOL Energy (NYSE:CNX) traded up 0.46% during mid-day trading on Monday, hitting $43.49. 896,918 shares of the company’s stock traded hands. CONSOL Energy has a 52 week low of $27.60 and a 52 week high of $48.30. The stock’s 50-day moving average is $45.59 and its 200-day moving average is $41.43. The company has a market cap of $9.999 billion and a price-to-earnings ratio of 12.74.
CONSOL Energy (NYSE:CNX) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $0.19 earnings per share. The company’s quarterly revenue was up 15.0% on a year-over-year basis. Analysts expect that CONSOL Energy will post $1.26 EPS for the current fiscal year.
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.