Consol Energy (NYSE:CEIX) had its price objective reduced by analysts at B. Riley from $15.00 to $13.00 in a note issued to investors on Wednesday, BenzingaRatingsTable reports. The firm presently has a “buy” rating on the stock. B. Riley’s price objective indicates a potential upside of 71.05% from the stock’s previous close.

Separately, Zacks Investment Research upgraded shares of Consol Energy from a “sell” rating to a “hold” rating in a research report on Monday, January 13th.

Shares of NYSE CEIX opened at $7.60 on Wednesday. The firm has a market capitalization of $248.13 million, a P/E ratio of 2.08 and a beta of 1.19. Consol Energy has a one year low of $6.87 and a one year high of $38.74. The company’s fifty day moving average is $11.06 and its two-hundred day moving average is $14.33. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.75 and a current ratio of 0.87.

Consol Energy (NYSE:CEIX) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.68 by ($0.14). Consol Energy had a return on equity of 20.78% and a net margin of 6.92%. The business had revenue of $342.64 million during the quarter, compared to analysts’ expectations of $343.59 million. During the same quarter in the prior year, the firm earned $1.41 earnings per share. On average, sell-side analysts forecast that Consol Energy will post 3.4 earnings per share for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in the stock. State Street Corp boosted its position in shares of Consol Energy by 16.7% in the 4th quarter. State Street Corp now owns 1,554,908 shares of the company’s stock worth $22,562,000 after buying an additional 222,405 shares in the last quarter. Morgan Stanley boosted its position in shares of Consol Energy by 74.1% in the 2nd quarter. Morgan Stanley now owns 137,279 shares of the company’s stock worth $3,654,000 after buying an additional 58,430 shares in the last quarter. Barclays PLC boosted its position in shares of Consol Energy by 13,877.0% in the 3rd quarter. Barclays PLC now owns 117,686 shares of the company’s stock worth $1,840,000 after buying an additional 116,844 shares in the last quarter. Rhumbline Advisers boosted its position in shares of Consol Energy by 2.0% in the 4th quarter. Rhumbline Advisers now owns 91,127 shares of the company’s stock worth $1,322,000 after buying an additional 1,778 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its position in shares of Consol Energy by 119.8% in the 3rd quarter. Squarepoint Ops LLC now owns 89,535 shares of the company’s stock worth $1,399,000 after buying an additional 48,805 shares in the last quarter. Institutional investors and hedge funds own 91.60% of the company’s stock.

About Consol Energy

CONSOL Energy Inc produces and exports bituminous coal. It owns and operates its mining operations in the Northern Appalachian Basin. The company owns and operates the Pennsylvania Mining Complex (PAMC), which comprises three underground mines, including Bailey, Enlow Fork, and Harvey; and CONSOL Marine Terminal located in the port of Baltimore.

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