Siebert Williams (NYSE:WMB) Shank & Co analyst Gabriele Sorbara maintained a Hold rating on Cabot Oil & Gas Corp (NYSE:COG). on Friday, setting a price target of $22, which is approximately 19.63% above the present share price of $18.39.
Sorbara expects Cabot Oil & Gas Corp. to post earnings per share (EPS) of $0.08 for the fourth quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Cabot Oil & Gas, with an average price target of $21.17.
The analysts price targets range from a high of $23 to a low of $18.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $332.35 million and a net profit of $53.96 million. The company's market cap is $7.84 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 -25.3% and a 19.51% success rate.
Cabot 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.