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CNX Resources (CNX) Stock Forecast & Price Target

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$40.95 -0.14 (-0.34%)
(As of 08:01 PM ET)

CNX Resources - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
5
Hold
7
Buy
0

Based on 12 Wall Street analysts who have issued ratings for CNX Resources in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 12 analysts, 5 have given a sell rating, and 7 have given a hold rating for CNX.

Consensus Price Target

$29.00
-29.18% Downside
According to the 12 analysts' twelve-month price targets for CNX Resources, the average price target is $29.00. The highest price target for CNX is $35.00, while the lowest price target for CNX is $20.00. The average price target represents a forecasted downside of -29.18% from the current price of $40.95.
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CNX Analyst Ratings Over Time

TypeCurrent Forecast
11/26/23 to 11/25/24
1 Month Ago
10/27/23 to 10/26/24
3 Months Ago
8/28/23 to 8/27/24
1 Year Ago
11/26/22 to 11/26/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
Sell
5 Sell rating(s)
4 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$29.00$27.90$25.57$22.20
Forecasted Upside-29.18% Downside-23.71% Downside-6.91% Downside4.67% Upside
Consensus Rating
Reduce
Reduce
Reduce
Reduce

CNX Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CNX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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CNX Resources Stock vs. The Competition

TypeCNX ResourcesOils/Energy CompaniesS&P 500
Consensus Rating Score
1.58
2.63
2.50
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside-30.09% Downside1,464.12% Upside7.18% Upside
News Sentiment Rating
Positive News

See Recent CNX News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/30/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$32.00 ➝ $31.00-11.93%
10/28/2024Bank of America
4 of 5 stars
 Initiated CoverageUnderperform$34.00-7.03%
10/28/2024Truist Financial
2 of 5 stars
B. Donnes
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DowngradeBuy ➝ Hold$38.00 ➝ $34.00-7.03%
10/25/2024Stephens
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 Boost TargetEqual Weight ➝ Equal Weight$26.00 ➝ $35.00-4.14%
10/14/2024Capital One Financial
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B. Velie
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DowngradeOverweight ➝ Equal Weight$25.00-30.71%
10/14/2024Mizuho
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 Boost TargetNeutral ➝ Neutral$32.00 ➝ $33.00-9.07%
10/4/2024BMO Capital Markets
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P. Jungwirth
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Boost TargetMarket Perform ➝ Market Perform$26.00 ➝ $29.00-15.16%
10/1/2024Tudor Pickering
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J. Roberts
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UpgradeStrong Sell
10/1/2024Tudor, Pickering, Holt & Co.
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 DowngradeHold ➝ Sell
8/20/2024Scotiabank
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 Boost TargetSector Underperform ➝ Sector Underperform$25.00 ➝ $27.00-1.53%
8/15/2024Piper Sandler
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M. Lear
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DowngradeNeutral ➝ Underweight$22.00 ➝ $20.00-24.06%
4/2/2024Roth Mkm
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 Boost TargetNeutral ➝ Neutral$18.00 ➝ $22.00-7.06%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 02:26 PM ET.


CNX Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for CNX Resources is $29.00, with a high forecast of $35.00 and a low forecast of $20.00.

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last year. There are currently 5 sell ratings and 7 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" CNX shares.

According to analysts, CNX Resources's stock has a predicted downside of -29.18% based on their 12-month stock forecasts.

Over the previous 90 days, CNX Resources's stock had 3 downgrades and 1 upgrade by analysts.

Analysts like CNX Resources less than other "oils/energy" companies. The consensus rating for CNX Resources is Reduce while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how CNX compares to other companies.


This page (NYSE:CNX) was last updated on 11/25/2024 by MarketBeat.com Staff
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