Susquehanna Boosts Coterra Energy (NYSE:CTRA) Price Target to $34.00

Coterra Energy (NYSE:CTRA) had its price objective boosted by investment analysts at Susquehanna from $32.00 to $34.00 in a report issued on Tuesday, Marketbeat.com reports. The firm currently has a “positive” rating on the stock. Susquehanna’s price target suggests a potential upside of 11.33% from the company’s current price.

A number of other research firms have also weighed in on CTRA. Barclays reduced their target price on Coterra Energy from $35.00 to $34.00 and set an “overweight” rating for the company in a report on Wednesday, January 21st. Stephens boosted their price objective on shares of Coterra Energy from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Piper Sandler lowered their target price on shares of Coterra Energy from $37.00 to $36.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 28th. Siebert Williams Shank boosted their price target on shares of Coterra Energy from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Monday, January 26th. Finally, Roth Mkm upped their price target on shares of Coterra Energy from $27.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Fourteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $33.40.

Coterra Energy Trading Up 5.5%

Shares of CTRA stock opened at $30.54 on Tuesday. The stock has a market capitalization of $23.25 billion, a price-to-earnings ratio of 14.07, a PEG ratio of 0.70 and a beta of 0.38. The company’s fifty day simple moving average is $26.49 and its two-hundred day simple moving average is $25.00. Coterra Energy has a 1 year low of $22.33 and a 1 year high of $30.64. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.02 and a quick ratio of 0.98.

Coterra Energy (NYSE:CTRA) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.02). The company had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.83 billion. Coterra Energy had a net margin of 23.25% and a return on equity of 11.23%. Coterra Energy’s revenue for the quarter was up 33.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.32 earnings per share. As a group, analysts anticipate that Coterra Energy will post 1.54 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CTRA. Advisors Asset Management Inc. raised its holdings in Coterra Energy by 0.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 60,796 shares of the company’s stock worth $1,438,000 after purchasing an additional 398 shares during the period. KLCM Advisors Inc. increased its position in Coterra Energy by 4.2% in the third quarter. KLCM Advisors Inc. now owns 9,855 shares of the company’s stock worth $233,000 after buying an additional 400 shares in the last quarter. Pinnacle Associates Ltd. raised its stake in shares of Coterra Energy by 2.8% in the third quarter. Pinnacle Associates Ltd. now owns 15,336 shares of the company’s stock worth $363,000 after buying an additional 415 shares during the period. Profund Advisors LLC lifted its position in shares of Coterra Energy by 1.4% during the 3rd quarter. Profund Advisors LLC now owns 30,969 shares of the company’s stock valued at $732,000 after buying an additional 418 shares in the last quarter. Finally, AAFMAA Wealth Management & Trust LLC lifted its position in shares of Coterra Energy by 1.0% during the 3rd quarter. AAFMAA Wealth Management & Trust LLC now owns 43,009 shares of the company’s stock valued at $1,017,000 after buying an additional 429 shares in the last quarter. Institutional investors own 87.92% of the company’s stock.

Coterra Energy News Roundup

Here are the key news stories impacting Coterra Energy this week:

• Positive Sentiment: Merger creates a much larger, Delaware‑focused producer with scale and synergies that could lift long‑term cash flow and valuation — a key bullish driver behind today’s buying. Coterra Energy and Devon Energy Seal $58 Billion Merger Deal
• Positive Sentiment: Analyst bullishness: Wolfe Research boosted its price target substantially (to $40), signaling large upside on the merger thesis and supporting momentum in the stock. Wolfe Research adjusts price target on Coterra Energy to $40 from $33
• Positive Sentiment: Additional support from Susquehanna raising its target to $34 and maintaining a positive view — adds buy‑side validation of the strategic rationale. Susquehanna adjusts price target on Coterra Energy to $34 from $32
• Neutral Sentiment: Deal mechanics: the agreement is an all‑stock merger where Coterra holders receive 0.70 Devon shares per CTRA share (Devon to be the surviving company); outcome depends on shareholder votes and integration execution. Coterra Energy And Devon To Merge, With Devon Being The Surviving Corporation
• Negative Sentiment: Legal and governance scrutiny: two law firms (Kahn Swick & Foti and Wohl & Fruchter) have opened investigations into the fairness of the proposed sale and the adequacy of the exchange ratio, which could delay the deal, increase transaction costs or pressure the offer. Coterra Energy Investor Alert: Kahn Swick & Foti Investigates
• Negative Sentiment: Analyst caution/downgrades and governance questions: Scotiabank kept a cautious stance (sector perform / $31 PT) and there’s press scrutiny about valuation and governance of the exchange ratio; some desks have trimmed ratings, which offsets upside from price‑target raises. Scotiabank downgrades Coterra Energy (CTRA)

About Coterra Energy

Coterra Energy (NYSE: CTRA) is an independent oil and natural gas exploration and production company focused on the development, production and optimization of onshore hydrocarbon resources in the United States. The company’s operations center on the exploration, drilling, completion and production of crude oil, natural gas and natural gas liquids (NGLs), with an emphasis on maximizing operational efficiency and capital discipline across its asset base.

Its business activities include identifying and developing resource-rich acreage, operating producing wells, managing reservoir performance and marketing produced hydrocarbons to a range of midstream and energy customers.