CONSOL Energy (CNX) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $29 and the lowest price target forecast is $18. The average forecast of all the analysts is $22 and the expected standard deviation is $3.24.
CONSOL Energy (CNX) : The consensus on CONSOL Energy (CNX) based on 10 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Also, Equity analysts at the Brokerage firm Bank of America upgrades its rating on CONSOL Energy (NYSE:CNX). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Underperform by the brokerage firm. The rating by the firm was issued on August 15, 2016.
CONSOL Energy (NYSE:CNX): The stock opened at $18.19 on Thursday but the bulls could not build on the opening and the stock topped out at $18.39 for the day. The stock traded down to $17.96 during the day, due to lack of any buying support eventually closed down at $18.19 with a loss of -0.27% for the day. The stock had closed at $18.24 on the previous day. The total traded volume was 2,299,508 shares.
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).