Raymond James analyst John Freeman reiterated a Sell rating on CNX Resources Corporation (NYSE: CNX) on August 27. The company’s shares closed yesterday at $16.
According to TipRanks.com, Freeman is a 5-star analyst with an average return of 14.1% and a 65.9% success rate. Freeman covers the Basic Materials sector, focusing on stocks such as Whiting Petroleum Corp, Continental Resources, and Oasis Petroleum Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for CNX Resources Corporation with a $19.50 average price target.
See today’s analyst top recommended stocks >>
CNX Resources Corporation’s market cap is currently $3.41B and has a P/E ratio of 4.40. The company has a Price to Book ratio of 0.79.
Based on the recent corporate insider activity of 29 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.
