Siebert Williams (NYSE:WMB) Shank & Co analyst Gabriele Sorbara maintained a Buy rating on Cimarex Energy on Thursday, setting a price target of $79, which is approximately 21.28% above the present share price of $65.14.
Sorbara expects Cimarex Energy to post earnings per share (EPS) of $0.00 for the first quarter of 2021.
The current consensus among 16 TipRanks analysts is for a Strong Buy rating of shares in Cimarex Energy, with an average price target of $68.37.
The analysts price targets range from a high of $91 to a low of $51.
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 $6.7 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 -5.1% and a 35.54% 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.