Analysts’ ratings for Cabot Oil & Gas
Approximately 54.0% of the analysts covering Cabot Oil & Gas (COG) rate the stock as a “buy,” while 13% rate it as a “strong buy.” The remaining 33.0% of the analysts rate Cabot Oil & Gas as a “hold.” The average broker target price of $29.74 for Cabot Oil & Gas implies a return of ~11.2% in the next 12 months.
The highest and lowest broker target prices provided for Cabot Oil & Gas stock are $35 and $23, respectively.
Recent upgrades and downgrades
On August 1, Morgan Stanley upgraded Cabot Oil & Gas stock to “equal weight” from a prior rating of “overweight.”
In July, Williams downgraded Cabot Oil & Gas stock to a “hold” from a “buy.” In June, Bank of America Merrill Lynch upgraded Cabot Oil & Gas from “neutral” to “buy.” In June, Macquarie upgraded Cabot Oil & Gas from “neutral” to “outperform.”