CNX Resources (CNX) Stock Forecast & Price Target

$34.10

+0.09 (+0.26%)

(As of 10/4/2024 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

Reduce

Based on 11 Analyst Ratings

Sell
4

Hold
6

Buy
1

Based on 11 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 11 analysts, 4 have given a sell rating, 6 have given a hold rating, and 1 has given a buy rating for CNX.

Consensus Price Target

$27.22
-20.17% Downside

According to the 11 analysts' twelve-month price targets for CNX Resources, the average price target is $27.22. The highest price target for CNX is $38.00, while the lowest price target for CNX is $20.00. The average price target represents a forecasted downside of -20.17% from the current price of $34.10.

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CNX Analyst Ratings Over Time

Type	Current Forecast 10/7/23 to 10/6/24	1 Month Ago 9/7/23 to 9/6/24	3 Months Ago 7/9/23 to 7/8/24	1 Year Ago 10/7/22 to 10/7/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	0 Buy rating(s)
Hold	6 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)	3 Hold rating(s)
Sell	4 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$27.22	$25.57	$25.00	$20.80
Forecasted Upside	-20.17% Downside	-5.43% Downside	-0.64% Downside	-6.22% Downside
Consensus Rating	Reduce	Reduce	Hold	Reduce

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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.

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.

CNX Resources Stock vs. The Competition

Type	CNX Resources	Oils/Energy Companies	S&P 500
Consensus Rating Score	1.73	2.61	2.50
Consensus Rating	Reduce	Moderate Buy	Moderate Buy
Predicted Upside	-20.17% Downside	61.32% Upside	7.02% Upside
News Sentiment Rating	Neutral News See Recent CNX News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/4/2024	BMO Capital Markets 4 of 5 stars		Boost Target	Market Perform ➝ Market Perform	$26.00 ➝ $29.00	-15.16%
10/1/2024	Tudor Pickering 5 of 5 stars	J. Roberts Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong Sell
10/1/2024	Tudor, Pickering, Holt & Co. 1 of 5 stars		Downgrade	Hold ➝ Sell
9/30/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$31.00 ➝ $38.00	+20.67%
9/16/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$30.00 ➝ $32.00	+15.98%
9/12/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$26.00 ➝ $27.00	-0.77%
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8/20/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Underperform ➝ Sector Underperform	$25.00 ➝ $27.00	-1.53%
8/15/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Lear Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underweight	$22.00 ➝ $20.00	-24.06%
7/15/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight ➝ Equal Weight	$27.00 ➝ $27.00	+2.31%
4/2/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$18.00 ➝ $22.00	-7.06%
1/5/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral	$23.00	+12.91%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 02:28 AM ET.

CNX Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for CNX Resources is $27.22, with a high forecast of $38.00 and a low forecast of $20.00.
: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNX Resources in the last twelve months. There are currently 4 sell ratings, 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" CNX shares.
: According to analysts, CNX Resources's stock has a predicted downside of -20.17% based on their 12-month stock forecasts.
: Over the previous 90 days, CNX Resources's stock had 2 downgrades and 1 upgrade by analysts.
: CNX Resources has been rated by research analysts at BMO Capital Markets, JPMorgan Chase & Co., Mizuho, Piper Sandler, Scotiabank, Stephens, Truist Financial, Tudor Pickering, and Tudor, Pickering, Holt & Co. in the past 90 days.
: 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.

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This page (NYSE:CNX) was last updated on 10/6/2024 by MarketBeat.com Staff

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