Average Brokerage Rating Of Cabot Oil & Gas Corporation (COG), Morgan Stanley (MS)
- Author: Arturo Norris Mar 02, 2017,
Mar 02, 2017, 17:04
The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 9th. KeyCorp analyst D. Deckelbaum now anticipates that the firm will post earnings of ($0.27) per share for the year, down from their prior estimate of ($0.21). The average broker target price of $28.47 for COG implies a return of around ~27% in the next 12 months. The oil and gas exploration company reported $0.01 EPS for the quarter, hitting the consensus estimate of $0.01. On January 4, Bank of America Merrill Lynch downgraded its rating for COG from "buy" to "underperform". Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 14 analysts of Thomson Reuters, 13 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating.
Shares of Cabot Oil & Gas Corporation (NYSE:COG) opened at 21.92 on Friday. Stifel Nicolaus decreased their price objective on Cabot Oil & Gas Corporation from $27.00 to $24.00 and set a "hold" rating for the company in a research report on Monday, October 31st. 17 brokerage firms are now covering Cabot Oil & Gas Corporation. Based on the stock's volatility for the week, which is a statistical measure of the dispersion of returns for a given stock and represents average daily high/low percentage range of 3.26% and month of 3.17%.
There are 1 sell rating, 10 hold ratings, 8 buy ratings, 1 strong buy rating on the stock.
Shares of Cabot Oil & Gas Corporation closed the previous trading session at 21.90 down -0.27 -1.22% with 6,903,690 shares trading hands.
Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. Cabot Oil & Gas Corporation has 7 buy ratings, 13 holds and 0 sells even after the stock tumbled -15.29% from its high of $26.74 to a $10.55 billion market value through Jan 03, 2017. Expected growth of Cabot Oil & Gas Corporation (NYSE:COG) for the next year 5 years is 64.99 percent (per annum), as compared to 18.91 percent (per annum) in the past 5 years. Barclays Upgrades the stock to Overweight on 1/23/17 by stationing a price target of $25. Cabot Oil & Gas's 50-day moving average is $22.61 and its 200-day moving average is $23.23.
Shares of Cabot Oil & Gas Co. Thrivent Financial for Lutherans raised its stake in shares of Cabot Oil & Gas Corporation by 5.1% in the fourth quarter.
On 7/27/2016 Cabot Oil & Gas Corporation announced a quarterly dividend of $0.02 with an ex dividend date of 8/8/2016 which will be payable on 8/24/2016. Aperio Group LLC now owns 189,560 shares of the oil and gas exploration company's stock valued at $4,891,000 after buying an additional 20,262 shares in the last quarter.
02/06/2017 - Cabot Oil & Gas Corporation was upgraded to " by analysts at Susquehanna. Hedge funds and other institutional investors own 95.27% of the company's stock. The Company operates in the segment of natural gas and oil development, exploitation, exploration and production, in the continental United States. Acrospire Investment Management LLC now owns 3,900 shares of the oil and gas exploration company's stock valued at $101,000 after buying an additional 1,800 shares during the period.
Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. Its assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs.