CONSOL Energy (CNX) : 11 analysts are covering CONSOL Energy (CNX) and their average rating on the stock is 2, which is read as a Buy. 6 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 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
CONSOL Energy (CNX) : 10 investment research analysts covering CONSOL Energy (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.
CONSOL Energy (NYSE:CNX): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.59 and $15.48 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.66. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.57, notching a gain of 4.74% for the day. The total traded volume was 9,479,956 . The stock had closed at $15.82 on the previous day.
Also, KLR Group initiates coverage on CONSOL Energy (NYSE:CNX) . The global brokerage major announces a current price target of $17 per share. Analysts at the KLR Group have a current rating of Buy on the shares. The rating by the firm was issued on April 4, 2016. The company shares have dropped -21.02% from its 1 Year high price. On Jul 9, 2015, the shares registered one year high at $20.89 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $14.64 and the 200 Day Moving Average price is recorded at $11.32.
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).