Robert W. Baird analyst Joseph Allman reiterated a Buy rating on CNX Resources Corporation (CNX) on January 28 and set a price target of $20. The company’s shares opened today at $13.27.
According to TipRanks.com, Allman is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -11.2% and a 27.6% success rate. Allman covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Continental Resources, and Laredo Petroleum.
CNX Resources Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $16.
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CNX Resources Corporation’s market cap is currently $2.71B and has a P/E ratio of 3.04. The company has a Price to Book ratio of 0.63.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CNX in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
CNX Resources Corp. is an oil and natural gas company. It is engaged in the exploration, production, gathering, processing, and acquisition of oil, gas, and coal. The firm operates through the following segments: Marcellus Shale, Coalbed Methane, Utica Shale, and Other Gas. The The company was founded in 1864 and is headquartered in Canonsburg, PA.
