B.Riley FBR Sticks to Its Buy Rating for CONSOL Energy Inc (CEIX)


B.Riley FBR analyst Lucas Pipes maintained a Buy rating on CONSOL Energy Inc (CEIX) on October 25 and set a price target of $27.00. The company’s shares closed last Monday at $14.50, close to its 52-week low of $13.81.

According to TipRanks.com, Pipes ‘ ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -5.1% and a 42.1% success rate. Pipes covers the Basic Materials sector, focusing on stocks such as Peabody Energy Corporation Comm, Novagold Resources Inc New, and Covia Holdings Corporation.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CONSOL Energy Inc with a $27.00 average price target.

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The company has a one-year high of $41.98 and a one-year low of $13.81. Currently, CONSOL Energy Inc has an average volume of 326.3K.

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CONSOL Energy Inc. engages in the production of bituminous coal. It focuses on the extraction and preparation of coal in the Appalachian basin. It operates through Pennsylvania Mining Complex segment, which consists of mining, preparation, and marketing of thermal coal, sold primarily to power generators.

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