Share on StockTwits

Equities research analysts at Stifel Nicolaus dropped their price target on shares of CONSOL Energy (NYSE:CNX) from $51.00 to $50.00 in a research note issued to investors on Thursday. Stifel Nicolaus’ price objective would indicate a potential upside of 26.61% from the stock’s previous close.

Shares of CONSOL Energy (NYSE:CNX) opened at 39.95 on Thursday. CONSOL Energy has a one year low of $30.18 and a one year high of $48.30. The stock’s 50-day moving average is $42.05 and its 200-day moving average is $41.84. The company has a market cap of $9.195 billion and a P/E ratio of 11.90.

CONSOL Energy (NYSE:CNX) last posted its quarterly earnings results on Tuesday, July 29th. The company reported ($0.11) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.25 by $0.36. The company had revenue of $937.37 million for the quarter, compared to the consensus estimate of $923.28 million. During the same quarter in the prior year, the company posted ($0.03) earnings per share. The company’s quarterly revenue was up 13.2% on a year-over-year basis. Analysts expect that CONSOL Energy will post $1.12 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, September 2nd. Investors of record on Friday, August 15th will be given a dividend of $0.0625 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date of this dividend is Wednesday, August 13th.

A number of other firms have also recently commented on CNX. Analysts at Cowen and Company cut their price target on shares of CONSOL Energy from $55.00 to $50.00 in a research note on Friday, August 8th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of CONSOL Energy in a research note on Thursday, July 31st. They now have a $42.00 price target on the stock. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of CONSOL Energy in a research note on Wednesday, July 30th. They now have a $48.00 price target on the stock, down previously from $53.00. Two analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $48.44.

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.