Citigroup Seems to Have Gained Confidence In Cabot Oil & Gas (NYSE:COG), Upgrades Stocks

April 23, 2018 - By Dolores Ford

Cabot Oil & Gas Corporation (NYSE:COG) Logo

Investors sentiment increased to 1.28 in 2017 Q4. Its up 0.21, from 1.07 in 2017Q3. It improved, as 35 investors sold Cabot Oil & Gas Corporation shares while 148 reduced holdings. 69 funds opened positions while 165 raised stakes. 443.27 million shares or 1.77% more from 435.56 million shares in 2017Q3 were reported.

British Columbia Inv Mngmt has invested 0.04% in Cabot Oil & Gas Corporation (NYSE:COG). City holds 8,000 shares. Tci Wealth Advisors holds 0% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG) for 85 shares. Gradient Ltd Llc accumulated 0% or 9 shares. Meiji Yasuda Life Ins has 17,810 shares for 0.07% of their portfolio. Tcw Gru holds 0.02% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG) for 68,900 shares. Shell Asset Co has invested 0.01% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG). Td Asset Mgmt has invested 0.01% in Cabot Oil & Gas Corporation (NYSE:COG). Ameriprise Fincl reported 511,557 shares. 10,864 are held by Advisor Prtnrs Lc. Stephens Ar stated it has 7,165 shares. Amundi Pioneer Asset Mgmt reported 0.44% stake. Rafferty Asset Mngmt Ltd Liability Com has 0.03% invested in Cabot Oil & Gas Corporation (NYSE:COG). Stratos Wealth Ltd holds 0% or 1,477 shares in its portfolio. New York-based Clinton Group has invested 0.02% in Cabot Oil & Gas Corporation (NYSE:COG).

Cabot Oil & Gas (NYSE:COG) Stock Upgrade

Citigroup raised shares of Cabot Oil & Gas (NYSE:COG) stock to a solid “Buy” rating. This recent change was sent to clients and investors in a note today. The company from today has a $34.0 target price per share on COG.

Investors sentiment increased to 1.28 in 2017 Q4. Its up 0.21, from 1.07 in 2017Q3. It improved, as 35 investors sold Cabot Oil & Gas Corporation shares while 148 reduced holdings. 69 funds opened positions while 165 raised stakes. 443.27 million shares or 1.77% more from 435.56 million shares in 2017Q3 were reported.

British Columbia Inv Mngmt has invested 0.04% in Cabot Oil & Gas Corporation (NYSE:COG). City holds 8,000 shares. Tci Wealth Advisors holds 0% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG) for 85 shares. Gradient Ltd Llc accumulated 0% or 9 shares. Meiji Yasuda Life Ins has 17,810 shares for 0.07% of their portfolio. Tcw Gru holds 0.02% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG) for 68,900 shares. Shell Asset Co has invested 0.01% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG). Td Asset Mgmt has invested 0.01% in Cabot Oil & Gas Corporation (NYSE:COG). Ameriprise Fincl reported 511,557 shares. 10,864 are held by Advisor Prtnrs Lc. Stephens Ar stated it has 7,165 shares. Amundi Pioneer Asset Mgmt reported 0.44% stake. Rafferty Asset Mngmt Ltd Liability Com has 0.03% invested in Cabot Oil & Gas Corporation (NYSE:COG). Stratos Wealth Ltd holds 0% or 1,477 shares in its portfolio. New York-based Clinton Group has invested 0.02% in Cabot Oil & Gas Corporation (NYSE:COG).

Cabot Oil & Gas Corporation (NYSE:COG) Ratings Coverage

Among 16 analysts covering Cabot Oil \u0026 Gas (NYSE:COG), 8 have Buy rating, 1 Sell and 7 Hold. Therefore 50% are positive. Cabot Oil \u0026 Gas has $37.0 highest and $2500 lowest target. $30.69’s average target is 32.97% above currents $23.08 stock price. Cabot Oil \u0026 Gas had 26 analyst reports since October 30, 2017 according to SRatingsIntel. The firm has “Underperform” rating given on Tuesday, January 2 by Raymond James. The firm earned “Outperform” rating on Monday, October 30 by BMO Capital Markets. The stock of Cabot Oil & Gas Corporation (NYSE:COG) has “Buy” rating given on Wednesday, January 3 by Citigroup. The rating was maintained by Morgan Stanley on Friday, April 20 with “Overweight”. On Thursday, April 19 the stock rating was maintained by Susquehanna with “Hold”. The stock has “Hold” rating by Williams Capital Group on Friday, February 23. The firm has “Buy” rating by KeyBanc Capital Markets given on Tuesday, November 21. The rating was maintained by BMO Capital Markets with “Buy” on Monday, February 26. BMO Capital Markets maintained the stock with “Buy” rating in Thursday, January 11 report. The stock of Cabot Oil & Gas Corporation (NYSE:COG) has “Buy” rating given on Friday, November 10 by Cowen & Co.

The stock decreased 2.04% or $0.48 during the last trading session, reaching $23.08. About 5.76M shares traded. Cabot Oil & Gas Corporation (NYSE:COG) has risen 2.54% since April 23, 2017 and is uptrending. It has underperformed by 9.01% the S&P500.

Analysts await Cabot Oil & Gas Corporation (NYSE:COG) to report earnings on April, 27 before the open. They expect $0.24 earnings per share, up 41.18 % or $0.07 from last year’s $0.17 per share. COG’s profit will be $110.67 million for 24.04 P/E if the $0.24 EPS becomes a reality. After $0.12 actual earnings per share reported by Cabot Oil & Gas Corporation for the previous quarter, Wall Street now forecasts 100.00 % EPS growth.

Cabot Oil & Gas Corporation, an independent gas and oil company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States. The company has market cap of $10.64 billion. The firm primarily focuses on the Marcellus Shale with approximately 179,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; and the Eagle Ford Shale with approximately 84,000 net acres in the oil window of the play located in Atascosa, Frio, and La Salle Counties, Texas. It has a 106.85 P/E ratio. It also transports, stores, gathers, and purchases natural gas for resale.

Cabot Oil & Gas Corporation (NYSE:COG) Institutional Positions Chart

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