Cabot Oil & Gas (NYSE:COG) was upgraded by Tudor Pickering from a “hold” rating to a “buy” rating in a report issued on Monday, The Fly reports.
Other research analysts have also recently issued research reports about the company. Drexel Hamilton upped their target price on Cabot Oil & Gas from $27.82 to $32.00 and gave the company a “buy” rating in a research note on Thursday, November 9th. Zacks Investment Research raised Cabot Oil & Gas from a “sell” rating to a “hold” rating in a research note on Thursday, November 9th. Williams Capital set a $30.00 target price on Cabot Oil & Gas and gave the company a “hold” rating in a research note on Monday, October 30th. Johnson Rice raised Cabot Oil & Gas from an “accumulate” rating to a “buy” rating in a research note on Monday, October 30th. Finally, BMO Capital Markets set a $33.00 price objective on Cabot Oil & Gas and gave the stock a “buy” rating in a research note on Monday, October 30th. Three investment analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $31.53.
Cabot Oil & Gas (NYSE COG) opened at $23.64 on Monday. The company has a market capitalization of $10,933.70, a P/E ratio of -76.26, a PEG ratio of 0.63 and a beta of 0.39. Cabot Oil & Gas has a 52 week low of $21.40 and a 52 week high of $29.57. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.61 and a current ratio of 1.64.
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About Cabot Oil & Gas
Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. The Company operates in the segment of natural gas and oil development, exploitation, exploration and production, in the continental United States. Its assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs.
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