Siebert Williams (NYSE:WMB) Shank & Co analyst Gabriele Sorbara maintained a Buy rating on Cimarex Energy on Thursday, setting a price target of $29, which is approximately 39.01% below the present share price of $47.55.
Sorbara expects Cimarex Energy to post earnings per share (EPS) of -$2.94 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 $48.38.
The analysts price targets range from a high of $62 to a low of $35.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $401.66 million and a net profit of $60.9 million. The company's market cap is $4.85 billion.
According to TipRanks.com, Siebert Williams Shank & Co analyst Gabriele Sorbara is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -15.2% and a 30.62% 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.