A Glimpse Into The Expert Outlook On Coterra Energy Through 10 Analysts
Portfolio Pulse from Benzinga Insights
Recent analyst ratings for Coterra Energy (NYSE:CTRA) show a mix of bullish and somewhat bullish perspectives, with no bearish views. Over the past three months, 10 analysts have provided ratings, with the latest 12-month price target averaging $32.5, slightly down from $32.62. Analyst actions include both upgrades and downgrades, reflecting adjustments to market conditions and company performance. Coterra Energy, an independent oil and gas company, faces challenges such as a -30.0% revenue decline and below-average profitability metrics, impacting its market position.
March 01, 2024 | 5:00 pm
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NEUTRAL IMPACT
Coterra Energy has received mixed analyst ratings, with a slight decrease in the average 12-month price target to $32.5. The company faces significant challenges, including a notable revenue decline and below-average profitability metrics.
The mixed analyst ratings, with a majority leaning towards bullish and somewhat bullish, suggest a cautiously optimistic outlook for Coterra Energy. However, the slight decrease in the average price target and the company's financial challenges, such as a significant revenue decline and below-average profitability metrics, could temper short-term stock price growth. The overall neutral score reflects these balancing factors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100