Susquehanna Keeps Their Hold Rating on CNX Resources Corporation (CNX)


In a report issued on February 1, Biju Perincheril from Susquehanna reiterated a Hold rating on CNX Resources Corporation (CNX), with a price target of $11. The company’s shares closed on Friday at $11.16, close to its 52-week low of $10.78.

According to TipRanks.com, Perincheril is a 3-star analyst with an average return of 2.5% and a 43.2% success rate. Perincheril covers the Basic Materials sector, focusing on stocks such as Jagged Peak Energy Inc, Whiting Petroleum Corp, and Continental Resources.

CNX Resources Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $16.67.

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CNX Resources Corporation’s market cap is currently $2.29B and has a P/E ratio of 2.57. The company has a Price to Book ratio of 0.53.

Based on the recent corporate insider activity of 25 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.

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