Wells Fargo (NYSE:WFC) analyst Nitin Kumar CFA maintained a Buy rating on CNX Resources (NYSE:CNX) Corporation on Friday, setting a price target of $24, which is approximately 71.18% above the present share price of $14.02.
Kumar CFA expects CNX Resources Corporation to post earnings per share (EPS) of -$4.05 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in CNX Resources, with an average price target of $17.5.
The analysts price targets range from a high of $24 to a low of $13.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $602.23 million and a net profit of $322.15 million. The company's market cap is $2.96 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.
CNX Resources Corp. is an oil and gas company. The firm engages in the exploration, development, production, gathering, processing and acquisition of natural gas properties in the Appalachian Basin. It operates through the following segments: Marcellus Shale, Coalbed Methane, Utica and Other Gas. The company was founded in 1864 and is headquartered in Canonsburg, PA.