Consensus ratings for Cabot Oil & Gas
About 53.0% of analysts have rated Cabot Oil & Gas (COG) a “buy,” and ~47.0% have rated it a “hold.” The average broker target price of $28.07 implies a return of ~29.0% over the next 12 months.
Cabot Oil & Gas’s (COG) high target price is $36, and its low target price is ~$21.
Recent upgrades and downgrades for COG stock
On January 4, 2017, Bank of America Merrill Lynch downgraded its ratings for COG from “buy” to “underperform.”
In contrast, Piper Jaffrey and Raymond James upgraded their ratings for Antero Resources (AR) on January 13, 2017, and January 3, 2017, respectively. Piper Jaffrey upgraded its rating from “neutral to overweight,” and Raymond James upgraded its rating from “outperform” to “strong buy.”
Analyst forecasts for 4Q16
For 4Q16, analysts have projected an average earnings estimate of $0.02 per share for COG. The low estimate stands at around -$0.07 per share, while the high estimate is $0.15 per share.
The average revenue estimate for COG is ~$361.0 million for 4Q16. The low revenue estimate stands at ~$287.0 million. The high revenue estimate is ~$452.0 million.
Read Post-Earnings Analysis: How Cabot Oil & Gas Performed in 3Q16 to see how COG performed in 3Q16.