CONSOL Energy (CNX) : 10 analysts are covering CONSOL Energy (CNX) and their average rating on the stock is 2, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
CONSOL Energy (CNX) : Average target price received by CONSOL Energy (CNX) is $22 with an expected standard deviation of $3.24. The most aggressive target on the stock is $29, whereas the most downbeat target is $18. 9 financial analysts are currently covering the stock.
Also, In the latest statement by the brokerage house, Bank of America upgrades its outlook on CONSOL Energy (NYSE:CNX). The current rating of the shares is Neutral, according to the research report released by the firm. Previously, the company had a rating of Underperform. The rating by the firm was issued on August 15, 2016.
CONSOL Energy (NYSE:CNX): After opening at $15.6, the stock dipped to an intraday low of $15.6 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $17.04 and the buying power remained strong till the end. The stock closed at $16.61 for the day, a gain of 4.40% for the day session. The total traded volume was 7,365,620. The stocks close on the previous trading day was $15.91.
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).