Critical Insights From Coterra Energy Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Coterra Energy (NYSE:CTRA) with 3 bullish, 2 somewhat bullish, and 1 indifferent rating. The average 12-month price target is $32.17, with a high of $39.00 and a low of $30.00, indicating a 3.77% increase from the previous target of $31.00. Recent actions include maintaining, raising, and lowering ratings and price targets. Coterra, an independent exploration and production company, has a lower market cap compared to peers, faced a significant revenue decline of -46.19% over 3 months, but has a strong net margin of 23.75%. However, it has below-average ROE and ROA, and a conservative debt-to-equity ratio of 0.2.
January 23, 2024 | 5:00 pm
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NEUTRAL IMPACT
Coterra Energy has received mixed analyst ratings with a slight upward trend in the average price target. The company's strong net margin contrasts with its significant revenue decline and below-average ROE/ROA.
The mixed analyst ratings and the modest increase in the average price target suggest a neutral short-term impact on CTRA's stock price. The strong net margin is positive, but the significant revenue decline and below-average ROE/ROA could be concerning to investors. The conservative debt management is a positive sign, indicating a lower risk profile. Overall, the impact is balanced with both positive and negative factors.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100