Zacks Investment Research upgraded shares of CONSOL Energy (NYSE:CEIX) from a hold rating to a buy rating in a research note released on Thursday morning, Zacks.com reports. Zacks Investment Research currently has $4.75 target price on the stock.

According to Zacks, “CONSOL Energy Inc. is a producer and exporter of high-Btu bituminous thermal and crossover metallurgical coal. It owns and operates productive longwall mining operations primarily in the Northern Appalachian Basin. CONSOL Energy Inc. is based in CANONSBURG, Pa. “

Other equities analysts also recently issued reports about the stock. Benchmark reduced their target price on shares of CONSOL Energy from $11.00 to $7.00 and set a buy rating on the stock in a research note on Tuesday, July 14th. B. Riley lifted their target price on shares of CONSOL Energy from $8.00 to $10.00 in a research note on Wednesday, July 15th. Finally, ValuEngine raised shares of CONSOL Energy from a sell rating to a hold rating in a research note on Wednesday, August 12th.

Shares of CEIX stock opened at $4.11 on Thursday. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.65 and a quick ratio of 0.49. The firm’s 50-day moving average is $4.73 and its two-hundred day moving average is $5.59. CONSOL Energy has a 12 month low of $3.35 and a 12 month high of $15.64. The company has a market capitalization of $107.00 million, a PE ratio of 41.10 and a beta of 2.73.

CONSOL Energy (NYSE:CEIX) last issued its earnings results on Monday, August 10th. The company reported ($0.69) EPS for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.39). CONSOL Energy had a return on equity of 0.47% and a net margin of 0.24%. The firm had revenue of $162.56 million for the quarter, compared to analysts’ expectations of $147.30 million. Sell-side analysts forecast that CONSOL Energy will post 0.68 EPS for the current year.

Several institutional investors have recently added to or reduced their stakes in the company. Comerica Bank raised its stake in shares of CONSOL Energy by 7.9% in the 2nd quarter. Comerica Bank now owns 27,116 shares of the company’s stock valued at $149,000 after acquiring an additional 1,982 shares during the period. AQR Capital Management LLC grew its holdings in shares of CONSOL Energy by 11.3% in the second quarter. AQR Capital Management LLC now owns 37,320 shares of the company’s stock valued at $189,000 after purchasing an additional 3,803 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of CONSOL Energy by 7.9% in the second quarter. First Trust Advisors LP now owns 52,563 shares of the company’s stock valued at $266,000 after purchasing an additional 3,834 shares in the last quarter. Parametric Portfolio Associates LLC grew its holdings in shares of CONSOL Energy by 2.5% in the first quarter. Parametric Portfolio Associates LLC now owns 158,850 shares of the company’s stock valued at $586,000 after purchasing an additional 3,836 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its holdings in shares of CONSOL Energy by 60.5% in the first quarter. BNP Paribas Arbitrage SA now owns 10,621 shares of the company’s stock valued at $39,000 after purchasing an additional 4,005 shares in the last quarter. 78.22% of the stock is currently owned by institutional investors and hedge funds.

CONSOL Energy Company Profile

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 the Bailey Mine, the Enlow Fork Mine, the Harvey Mine, and the Central Preparation Plant; and CONSOL Marine Terminal located in the port of Baltimore.

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