Wells Fargo (NYSE:WFC) analyst Nitin Kumar CFA maintained a Buy rating on Coterra Energy on Friday, setting a price target of $29, which is approximately 38.36% above the present share price of $20.96.
Kumar CFA expects Coterra Energy to post earnings per share (EPS) of $0.16 for the fourth quarter of 2021.
The current consensus among 17 TipRanks analysts is for a Moderate Buy rating of shares in Coterra Energy, with an average price target of $27.81.
The analysts price targets range from a high of $32 to a low of $25.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $440.4 million and a net profit of $95.66 million. The company's market cap is $17.05 billion.
According to TipRanks.com, Wells Fargo analyst Nitin Kumar CFA is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.1% and a 72.73% success rate.
Cabot (NYSE:CBT) Oil & Gas Corp. engages in the development, exploitation, and exploration of oil and gas properties. It operates through the Marcellus shale in Pennsylvania. The company was founded in 1989 and is headquartered in Houston, TX.