Analyst Expectations for Coterra Energy's Future
Portfolio Pulse from Benzinga Insights
Coterra Energy (NYSE:CTRA) has received 6 analyst ratings in the last quarter with an average price target of $32.33, which is significantly higher than its current price of $24.51. The ratings include 2 bullish, 1 somewhat bullish, and 3 indifferent. There have been no bearish or somewhat bearish ratings. The average price target has increased by 5.65% over the past month, indicating a positive sentiment among analysts.
December 11, 2023 | 5:00 pm
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POSITIVE IMPACT
Coterra Energy has a positive outlook from analysts with an average price target of $32.33, suggesting a potential upside from the current price of $24.51. The target has also increased by 5.65% recently.
The unanimous positive ratings from analysts, with no bearish sentiments, and an increasing price target suggest a strong bullish outlook for Coterra Energy in the short term. This could lead to an increase in investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100