B. Riley Raises CONSOL Energy (NYSE:CEIX) Price Target to $138.00

CONSOL Energy (NYSE:CEIX) had its target price lifted by research analysts at B. Riley from $109.00 to $138.00 in a research report issued to clients and investors on Monday, Benzinga reports. The firm currently has a “buy” rating on the stock. B. Riley’s target price would suggest a potential upside of 30.62% from the stock’s current price.

CONSOL Energy Stock Down 1.8 %

Shares of CONSOL Energy stock opened at $105.65 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.55 and a quick ratio of 1.31. CONSOL Energy has a 1-year low of $75.43 and a 1-year high of $114.30. The business’s fifty day moving average price is $96.83 and its two-hundred day moving average price is $94.36. The company has a market capitalization of $3.10 billion, a P/E ratio of 6.41 and a beta of 1.73.

CONSOL Energy (NYSE:CEIX) last posted its quarterly earnings data on Thursday, August 8th. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.68. The business had revenue of $501.10 million during the quarter, compared to the consensus estimate of $429.90 million. CONSOL Energy had a net margin of 18.28% and a return on equity of 30.50%. During the same quarter in the prior year, the company posted $4.94 earnings per share. As a group, research analysts forecast that CONSOL Energy will post 11.54 EPS for the current year.

Institutional Trading of CONSOL Energy

Several institutional investors have recently modified their holdings of CEIX. Blue Trust Inc. grew its stake in shares of CONSOL Energy by 2,931.3% in the 2nd quarter. Blue Trust Inc. now owns 485 shares of the company’s stock worth $49,000 after purchasing an additional 469 shares during the last quarter. CWM LLC increased its holdings in shares of CONSOL Energy by 70.7% in the second quarter. CWM LLC now owns 531 shares of the company’s stock valued at $54,000 after buying an additional 220 shares in the last quarter. EntryPoint Capital LLC acquired a new stake in shares of CONSOL Energy during the 1st quarter valued at $56,000. GAMMA Investing LLC lifted its position in shares of CONSOL Energy by 54.1% during the 2nd quarter. GAMMA Investing LLC now owns 880 shares of the company’s stock valued at $90,000 after acquiring an additional 309 shares during the last quarter. Finally, Choreo LLC bought a new stake in shares of CONSOL Energy during the 2nd quarter worth $209,000. Institutional investors and hedge funds own 86.54% of the company’s stock.

CONSOL Energy Company Profile

CONSOL Energy Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company's PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.