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What Are Wall Street Analysts Saying about Consol Energy?

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Wall Street ratings for Consol Energy

Currently, ~40% of Wall Street analysts rate Consol Energy (CNX) as a “buy,” ~53% of analysts rate it as a “hold,” and ~7% rate the stock as a “sell.” The median price target from these recommendations is $17.50, which is ~3% higher than the July 12, 2016, closing price of $16.98.

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Consol Energy’s individual recommendations

As shown in the above table, the most recent recommendation of “outperform” comes from FBR Capital Markets, which was issued on July 12, 2016. FBR Capital Markets assigned Consol Energy the target price of $21.00, which is ~24% higher than the July 12 closing price of $16.98. FBR Capital Markets expects the company to reach the target price within 12 months from the date of recommendation.

Morgan Stanley (MS) assigned Consol Energy the highest target price of $29.00, which is ~71% higher than the July 12, 2016, closing price of $16.98. Morgan Stanley issued its Consol Energy recommendation in the last week of April 2016. MS expects the company to reach the target price within 12 months from the date of recommendation.

Tudor, Pickering, Holt & Company assigned Consol Energy the lowest target price of $11.00, which is ~35% lower than the July 12, 2016 closing price of $16.98. Tudor, Pickering, Holt & Company issued its Consol Energy recommendation in February 2016 and expects the company to reach the target price within 12 months from the date of recommendation.

Other upstream players

Based on the median price targets of recommendations from Wall Street analysts, upstream companies Gulfport Energy (GPOR), EV Energy Partners (EVEP), and Parsley Energy (PE) have potential upsides of ~10%, ~6%, and ~7%, respectively, from their July 12, 2016, closing prices.

The SPDR S&P Oil and Gas Exploration & Production ETF (XOP) generally invests at least 80% of its total assets in oil and gas exploration companies.

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