Piper Sandler analyst Mark Lear maintained a Buy rating on Coterra Energy (CTRA – Research Report) today and set a price target of $35.00. The company’s shares closed yesterday at $26.28.
Lear covers the Energy sector, focusing on stocks such as Diamondback, Magnolia Oil & Gas, and APA. According to TipRanks, Lear has an average return of 5.0% and a 54.87% success rate on recommended stocks.
In addition to Piper Sandler, Coterra Energy also received a Buy from UBS’s Josh Silverstein in a report issued on March 1. However, on February 26, Truist Financial maintained a Hold rating on Coterra Energy (NYSE: CTRA).
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The company has a one-year high of $29.67 and a one-year low of $21.75. Currently, Coterra Energy has an average volume of 6.9M.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CTRA in relation to earlier this year.
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Coterra Energy (CTRA) Company Description:
Cabot Oil & Gas Corp. engages in the development, exploitation, and exploration of oil and gas properties. It operates through the Marcellus shale in Pennsylvania. The company was founded in 1989 and is headquartered in Houston, TX.
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