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Siebert Williams Shank & Co Keeps Their Buy Rating on Coterra Energy (CTRA)

Tipranks - Wed Feb 18, 6:26AM CST

Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Buy rating on Coterra Energy on February 13 and set a price target of $35.00. The company’s shares closed last Friday at $31.37.

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Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and CNX Resources. According to TipRanks, Sorbara has an average return of 15.1% and a 63.49% success rate on recommended stocks.

Coterra Energy has an analyst consensus of Strong Buy, with a price target consensus of $32.40, which is a 3.28% upside from current levels. In a report released on February 6, Roth MKM also maintained a Buy rating on the stock with a $28.00 price target.

Based on Coterra Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.82 billion and a net profit of $322 million. In comparison, last year the company earned a revenue of $1.3 billion and had a net profit of $252 million

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