InvestorsObserver
×
News Home

Do Analysts Expect Cimarex Energy Co (XEC) Stock to Rise?

Monday, September 28, 2020 10:26 AM | InvestorsObserver Analysts

Mentioned in this article

Do Analysts Expect Cimarex Energy Co (XEC) Stock to Rise?

InvestorsObserver is giving Cimarex Energy Co (XEC) an Analyst Rating Rank of 63, meaning XEC is ranked higher by analysts than 63% of stocks. The average projection by analysts for XEC is $40.9 over the next 12 months and analyst’s classify the stock as a Strong Buy

Overall Score - 4.5
Wall Street analysts are rating XEC a Strong Buy today. Find out what this means to you and get the rest of the rankings on XEC!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.

Investors Observer averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Cimarex Energy Co Stock Today?

Cimarex Energy Co (XEC) stock is trading at $23.93 as of 10:18 AM on Monday, Sep 28, a rise of $0.33, or 1.4% from the previous closing price of $23.60. The stock has traded between $23.76 and $24.59 so far today. Volume today is low. So far 217,934 shares have traded compared to average volume of 1,366,312 shares.

Click Here to get the full report on Cimarex Energy Co (XEC) Stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App