SunTrust Robinson analyst Neal Dingmann reiterated a Hold rating on Contango Oil & Gas Company (MCF) today and set a price target of $4. The company’s shares closed yesterday at $3.95.
According to TipRanks.com, Dingmann is a 1-star analyst with an average return of -2.4% and a 42.0% success rate. Dingmann covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Sanchez Energy Corporation, and SilverBow Resources Inc.
Currently, the analyst consensus on Contango Oil & Gas Company is a Moderate Buy with an average price target of $6.
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The company has a one-year high of $7.32 and a one-year low of $2.22. Currently, Contango Oil & Gas Company has an average volume of 347.8K.
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Contango Oil & Gas Co. is an independent oil and natural gas company, which engages in the exploration, development, production and acquisition of crude oil and natural gas properties. It operates offshore in the shallow waters of the Gulf of Mexico and in the onshore Texas Gulf Coast and Rocky Mountain region of the United States.
