CONSOL Energy (NYSE:CNX) : Average target price received by CONSOL Energy (NYSE:CNX) is $17.2 with an expected standard deviation of $5.67. The most aggressive target on the stock is $29, whereas the most downbeat target is $7. 10 financial analysts are currently covering the stock.
Other Equity analysts have also commented on the company shares. KLR Group initiates coverage on CONSOL Energy (NYSE:CNX) The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency announces the price target to $17 per share. The rating by the firm was issued on April 4, 2016.
CONSOL Energy (NYSE:CNX): stock turned positive on Thursday. Though the stock opened at $14.99, the bulls momentum made the stock top out at $15.5 level for the day. The stock recorded a low of $14.88 and closed the trading day at $15.49, in the green by 5.09%. The total traded volume for the day was 3,902,466. The stock had closed at $14.74 in the previous days trading.
The company shares have dropped -35.29% from its 1 Year high price. On Jun 29, 2015, the shares registered one year high at $23.52 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $14.44 and the 200 Day Moving Average price is recorded at $10.76. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Consol Energy Inc, Thorndike William N Jr, had purchased 50,000 shares in a transaction dated on July 30, 2015. The transaction was executed at $16.88 per share with total amount equaling $844,000.
CONSOL Energy Inc. is an integrated energy company. The Company operates through two divisions: oil and gas exploration and production (E&P), and coal mining. The E&P division is focused on natural gas and liquids activities, including production, gathering, processing and acquisition of natural gas properties in the Appalachian Basin (Pennsylvania, West Virginia, Ohio, Virginia and Tennessee). The coal division is focused on the extraction and preparation of coal, in the Appalachian Basin. It holds two joint ventures, one with Noble Energy, Inc. in the Marcellus Shale and one with a subsidiary of Hess Corporation in the Utica Shale. Its gas operations include Marcellus Shale, Utica Shale, Coalbed Methane and Other Gas properties. Its coal mining division includes Pennsylvania (PA) operations coal segment, Virginia (VA) operations coal segment and other coal segment. As of December 31, 2014, the Company has a total production of 645,792 million cubic feet per day (Mcfe per day).