R.F. Lafferty analyst Jaime Perez maintained a Buy rating on Cimarex Energy on Tuesday, setting a price target of $75, which is approximately 29.33% above the present share price of $57.99.
Perez expects Cimarex Energy to post earnings per share (EPS) of $0.00 for the first quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Strong Buy rating of shares in Cimarex Energy, with an average price target of $61.93.
The analysts price targets range from a high of $78 to a low of $48.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $434.72 million and a net profit of $121.88 million. The company's market cap is $5.96 billion.
According to TipRanks.com, R.F. Lafferty analyst Jaime Perez is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 8.3% and a 41.94% success rate.
Cimarex Energy Co (NYSE:XEC). is an independent oil and gas exploration and production company. Its activities include drilling, completing and operating wells. It operates through the following areas: Permian Basin, Mid-Continent, and Others in Oklahoma, Texas and New Mexico. The company was founded by F. H. Merelli in February 2002 and is headquartered in Denver, CO.