Raymond James Financial Inc. upgraded Cabot Oil & Gas Corporation (NYSE:COG) to Strong-Buy in a statement released earlier today.
- Updated: September 24, 2016
Having a price of $25.57, Cabot Oil & Gas Corporation (NYSE:COG) traded -0.23% lower on the day. With the last close up 5.45% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Cabot Oil & Gas Corporation has recorded a 50-day average of $25.15 and a two hundred day average of $24.19. Volume of trade was up over the average, with 5,362,719 shares of COG changing hands over the typical 5,205,720
Raymond James Financial Inc. has upgraded Cabot Oil & Gas Corporation (NYSE:COG) to Strong-Buy in a statement released on 9/23/2016.
On 9/1/2016, Barclays Capital released a statement on Cabot Oil & Gas Corporation (NYSE:COG) upped the target price from $22.00 to $23.00 that suggested a downside of -0.07%.
Recent Performance Chart
Cabot Oil & Gas Corporation has with a one year low of $14.88 and a one year high of $26.74 and has a market capitalization of $0.
A total of 32 brokerages have issued a ratings update on Cabot Oil & Gas Corporation. Seven brokerages rating the company a strong buy, ten brokerages rating the company a buy, nineteen brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $25.19.
General Company Details For Cabot Oil & Gas Corporation (NYSE:COG)
Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. The Company operates in the segment of natural gas and oil development, exploitation, exploration and production, in the continental United States. Its assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs. The Company's exploration, development and production operations are primarily concentrated in two unconventional plays: the Marcellus Shale in northeast Pennsylvania and the Eagle Ford Shale in south Texas. It also has operations in various other unconventional and conventional plays throughout the continental United States. It has operations in Houston, Texas and Pittsburgh, Pennsylvania. Its Marcellus Shale properties are principally located in Susquehanna County, Pennsylvania. It holds over 200,000 net acres in the dry gas window of the play.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.