Peeling Back The Layers: Exploring Coterra Energy Through Analyst Insights
Portfolio Pulse from Benzinga Insights
Analysts have shared mixed insights on Coterra Energy (NYSE:CTRA) over the past three months, with a majority being bullish. The average 12-month price target has increased to $35.5, reflecting a 7.12% rise from the previous target. Despite a 19.36% decline in revenue, Coterra Energy maintains strong financial health with high net margins, ROE, and ROA, and a low debt-to-equity ratio.
July 22, 2024 | 5:00 pm
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Analysts have shown a predominantly bullish sentiment towards Coterra Energy (NYSE:CTRA) over the past three months, with an average 12-month price target of $35.5, up 7.12% from the previous target. Despite a 19.36% decline in revenue, the company maintains strong financial health with high net margins, ROE, and ROA, and a low debt-to-equity ratio.
The majority of analysts have a bullish outlook on Coterra Energy, with an increased average price target indicating positive sentiment. Despite a recent revenue decline, the company's strong financial metrics such as high net margins, ROE, and ROA, and low debt-to-equity ratio suggest robust financial health, likely supporting short-term stock price appreciation.
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