Analyst Price Target is $31.93
▲ +22.49% Upside Potential
This price target is based on 18 analysts offering 12 month price targets for Coterra Energy in the last 3 months. The average price target is $31.93, with a high forecast of $42.00 and a low forecast of $27.00. The average price target represents a 22.49% upside from the last price of $26.07.
Current Consensus is
Hold
The current consensus among 18 polled investment analysts is to hold stock in Coterra Energy. This Hold consensus rating has held steady for over two years.
Coterra Energy Inc., an independent oil and gas company, engages in the development, exploration and production of oil, natural gas, and natural gas liquids in the United States. The company primarily focuses on the Marcellus Shale with approximately 183,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania. It also holds Permian Basin properties with approximately 307,000 net acres; and Anadarko Basin properties with approximately 182,000 net acres located in Oklahoma. In addition, the company operates natural gas and saltwater disposal gathering systems in Texas. It sells its natural gas to industrial customers, local distribution companies, oil and gas marketers, major energy companies, pipeline companies, and power generation facilities. The company was incorporated in 1989 and is headquartered in Houston, Texas.
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