What 6 Analyst Ratings Have To Say About Coterra Energy
Portfolio Pulse from Benzinga Insights
Coterra Energy (NYSE:CTRA) has been evaluated by 6 analysts over the past three months, with ratings ranging from bullish to bearish. The average 12-month price target is $30.67, a decline of 7.54% from the previous average. Analysts have adjusted their ratings and price targets, reflecting changes in market conditions and company performance. Coterra Energy has shown a revenue growth rate of 7.26% and a net margin of 17.23%, but its ROE and ROA are below industry averages.
September 12, 2024 | 6:00 pm
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NEUTRAL IMPACT
Coterra Energy has received mixed analyst ratings, with a decline in the average price target to $30.67. Analysts have adjusted their ratings and price targets, indicating varied expectations for the company's performance. Despite strong net margins, Coterra's ROE and ROA are below industry averages.
The mixed analyst ratings and the decline in the average price target suggest uncertainty about Coterra Energy's short-term performance. While the company has strong net margins, its ROE and ROA are below industry averages, which could impact investor sentiment. The adjustments in ratings and price targets by analysts reflect their varied expectations, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100