Cabot Oil & Gas Corporation (COG) has an average broker rating of 2.05, which is interpreted as a Buy, as rated by 21 equity analysts. Nonetheless, 10 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 11 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 2, which is also a Buy.
Cabot Oil & Gas Corporation (COG) : 16 investment research analysts covering Cabot Oil & Gas Corporation (COG) have an average price target of $26.81 for the near short term. The highest target price given by the Brokerage Firm to the stock is $31 and the lowest target is $20 for the short term. Analysts expect the variance to be within $3.51 of the average price.
Cabot Oil & Gas Corporation (NYSE:COG): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $25.28 and $25.13 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $25.87. The buying momentum continued till the end and the stock did not give up its gains. It closed at $25.84, notching a gain of 1.85% for the day. The total traded volume was 3,299,902 . The stock had closed at $25.37 on the previous day.
Also, Equity Analysts at the Brokerage Firm, Deutsche Bank, maintains their rating on the shares of Cabot Oil & Gas Corporation (NYSE:COG). Deutsche Bank has a Hold rating on the shares. As per the latest research report, the brokerage house lowers the price target to $23 per share from a prior target of $24. The rating by the firm was issued on June 14, 2016. The company shares have dropped -14.26% from its 1 Year high price. On Jul 8, 2015, the shares registered one year high at $35.37 and the one year low was seen on Jan 12, 2016. The 50-Day Moving Average price is $24.60 and the 200 Day Moving Average price is recorded at $21.83.
Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. The Companys exploration, development and production operations are primarily concentrated in two plays: the Marcellus Shale in northeast Pennsylvania and the Eagle Ford Shale in south Texas. The Companys Marcellus Shale properties are principally located in Susquehanna County and to a lesser extent Wyoming County, Pennsylvania. The Companys properties in the Eagle Ford Shale are principally located in Atascosa, Frio and La Salle Counties, Texas. The Company also has operations in various other unconventional and conventional plays throughout the continental United States, including the Utica Shale in Pennsylvania; the Cotton Valley, Haynesville, Bossier, and James Lime formations in east Texas, and the Devonian Shale, Big Lime, Weir and Berea in West Virginia.