Approximately 66.7% of analysts rate Cabot Oil & Gas (COG) a “buy.” The rest of the 33.3% rated COG a “hold.” The average broker target price of $28.05 for the company implies a return of ~20.67% in the next 12 months.
The highest target price provided for Cabot Oil & Gas is $35 while the lowest target price is $22.
Recent upgrades and downgrades of COG stock
On April 17, Citigroup downgraded COG stock from “buy” to “neutral.” Several natural gas stocks received downgrades from Citigroup that day. Chesapeake Energy (CHK) was downgraded from “neutral” to “sell” while Southwestern Energy (SWN) was downgraded from “buy” to “neutral.” Range Resources (RRC) was downgraded to a “buy” from a “neutral” rating, as was Antero Resources (AR).