Wall Street is positive on Coterra Energy Inc (CTRA). On average, analysts give Coterra Energy Inc a Buy rating. The average price target is $36.294, which means analysts expect the stock to gain by 25.67% over the next twelve months.
That average ranking earns Coterra Energy Inc an Analyst Rating of 21, which is better than 21% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating CTRA a Buy today. Find out what this means to you and get the rest of the rankings on CTRA!
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Coterra Energy Inc Stock Today?
Coterra Energy Inc (CTRA) stock is trading at $28.88 as of 2:43 PM on Wednesday, Oct 5, a gain of $0.30, or 1.03% from the previous closing price of $28.59. The stock has traded between $27.79 and $29.08 so far today. Volume today is light. So far 4,202,601 shares have traded compared to average volume of 7,523,043 shares.
Click Here to get the full Stock Report for Coterra Energy Inc stock.