Stifel Nicolaus Trims Consol Energy (CEIX) Target Price to $40.00

Consol Energy (NYSE:CEIX) had its target price lowered by stock analysts at Stifel Nicolaus from $41.00 to $40.00 in a research note issued on Thursday, MarketBeat Ratings reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price target points to a potential upside of 36.10% from the stock’s previous close.

Other equities research analysts also recently issued reports about the company. B. Riley reaffirmed a “buy” rating on shares of Consol Energy in a research note on Thursday, November 30th. Seaport Global Securities started coverage on Consol Energy in a research note on Thursday, November 30th. They set a “buy” rating and a $32.00 price target for the company.

Consol Energy (CEIX) traded up $1.14 on Thursday, hitting $29.39. The stock had a trading volume of 409,365 shares, compared to its average volume of 338,075. Consol Energy has a 52 week low of $19.51 and a 52 week high of $41.89.

In other news, Director John T. Mills purchased 4,000 shares of the business’s stock in a transaction dated Friday, December 8th. The stock was bought at an average cost of $24.16 per share, with a total value of $96,640.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link.

Hedge funds have recently modified their holdings of the stock. American International Group Inc. bought a new position in shares of Consol Energy in the 4th quarter valued at approximately $148,000. Tower Research Capital LLC TRC bought a new position in shares of Consol Energy in the 4th quarter valued at approximately $162,000. SG Americas Securities LLC bought a new position in shares of Consol Energy in the 4th quarter valued at approximately $184,000. Public Employees Retirement Association of Colorado bought a new position in shares of Consol Energy in the 4th quarter valued at approximately $207,000. Finally, Crossmark Global Holdings Inc. bought a new position in shares of Consol Energy in the 4th quarter valued at approximately $208,000. 1.70% of the stock is currently owned by institutional investors and hedge funds.

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About Consol Energy

CONSOL Energy Inc, formerly CONSOL Mining Corporation, is engaged in the natural gas exploration and production business. The Company is a producer and exporter of high-Btu bituminous thermal and crossover metallurgical coal. It holds interest in the Pennsylvania Mining Complex (PMC) and related coal assets, terminal operations at the Port of Baltimore.

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