XEC + COG Merger Update - May 25
Posted: Tue May 25, 2021 3:07 pm
At least two of the Wall Street Gang likes COG. I have seen Gabriele's reports and price targets on upstream companies for many years. He covers most of our Sweet 16 and Small-Cap Growth Portfolio companies. He is generally conservative on his price forecasts.
Also on 5-24-2021 Raymond James's rated COG a BUY with a price target of $22.00.
At the time of this post, COG is trading at $16.47.
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May 24, 2021: Siebert Williams (NYSE:WMB) Shank & Co analyst Gabriele Sorbara maintained a Buy rating on Cabot (NYSE:CBT) Oil & Gas Corp. on Monday, setting a price target of $25.00
Sorbara expects Cabot Oil & Gas Corp. to post earnings per share (EPS) of $0.32 for the second quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Cabot Oil & Gas, with an average price target of $20.96. < Keep in mind that 11 of the 12 are dated before the merger was announced. The analysts price targets range from a high of $25 to a low of $17.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $459.68 million and a net profit of $175.37 million. The company's market cap is $7.11 billion.
Also on 5-24-2021 Raymond James's rated COG a BUY with a price target of $22.00.
At the time of this post, COG is trading at $16.47.
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May 24, 2021: Siebert Williams (NYSE:WMB) Shank & Co analyst Gabriele Sorbara maintained a Buy rating on Cabot (NYSE:CBT) Oil & Gas Corp. on Monday, setting a price target of $25.00
Sorbara expects Cabot Oil & Gas Corp. to post earnings per share (EPS) of $0.32 for the second quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Cabot Oil & Gas, with an average price target of $20.96. < Keep in mind that 11 of the 12 are dated before the merger was announced. The analysts price targets range from a high of $25 to a low of $17.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $459.68 million and a net profit of $175.37 million. The company's market cap is $7.11 billion.