CONSOL Energy (NYSE:CNX) : 10 investment research analysts covering CONSOL Energy (NYSE:CNX) have an average price target of $17.2 for the near short term. The highest target price given by the Brokerage Firm to the stock is $29 and the lowest target is $7 for the short term. Analysts expect the variance to be within $5.67 of the average price.
Shares of CONSOL Energy Inc. rose by 3.87% in the last five trading days and 3.81% for the last 4 weeks. CONSOL Energy Inc. is up 49.12% in the last 3-month period. Year-to-Date the stock performance stands at 103.95%. Also, KLR Group initiates coverage on CONSOL Energy (NYSE:CNX) The current rating of the shares is Buy. Equity Analysts at the Firm announces the price target to $17 per share. The rating by the firm was issued on April 4, 2016.
CONSOL Energy (NYSE:CNX) has an average broker rating of 2, which is interpreted as a Buy, as rated by 11 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 considers that the stock is a Sell.
CONSOL Energy (NYSE:CNX): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.99 and $15.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.14. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.09, notching a gain of 1.13% for the day. The total traded volume was 4,651,929 . The stock had closed at $15.91 on the previous day.
In an insider trading activity, Thorndike William N Jr, director of Consol Energy Inc, had purchased 50,000 shares on July 30, 2015. The total value of the transaction was $844,000. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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).