Coterra Energy (CTRA) Stock Forecast & Price Target

$23.78

-0.29 (-1.20%)

(As of 10/18/2024 ET)

Coterra Energy - 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

Moderate Buy

Based on 19 Analyst Ratings

Sell
0

Hold
2

Buy
17

Based on 19 Wall Street analysts who have issued ratings for Coterra Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 19 analysts, 2 have given a hold rating, 16 have given a buy rating, and 1 has given a strong buy rating for CTRA.

Consensus Price Target

$32.06
34.81% Upside

According to the 19 analysts' twelve-month price targets for Coterra Energy, the average price target is $32.06. The highest price target for CTRA is $41.00, while the lowest price target for CTRA is $26.00. The average price target represents a forecasted upside of 34.81% from the current price of $23.78.

CTRA Analyst Ratings Over Time

Type	Current Forecast 10/21/23 to 10/20/24	1 Month Ago 9/21/23 to 9/20/24	3 Months Ago 7/23/23 to 7/22/24	1 Year Ago 10/21/22 to 10/21/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	16 Buy rating(s)	16 Buy rating(s)	15 Buy rating(s)	6 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	13 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$32.06	$32.59	$33.94	$31.40
Forecasted Upside	34.81% Upside	37.74% Upside	27.06% Upside	8.54% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

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CTRA 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.

CTRA 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.

Coterra Energy Stock vs. The Competition

Type	Coterra Energy	Energy Companies	S&P 500
Consensus Rating Score	2.95	2.76	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	34.81% Upside	81.08% Upside	6.19% Upside
News Sentiment Rating	Positive News See Recent CTRA 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
10/10/2024	Scotiabank 5 of 5 stars		Lower Target	Sector Outperform ➝ Sector Outperform	$35.00 ➝ $32.00	+30.77%
10/3/2024	Barclays 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$33.00 ➝ $31.00	+26.38%
10/1/2024	Wells Fargo & Company 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$34.00 ➝ $32.00	+31.47%
9/30/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	N. Dingmann Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$34.00 ➝ $31.00	+30.09%
9/18/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$34.00 ➝ $31.00	+34.32%
9/16/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$29.00 ➝ $27.00	+17.96%
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9/12/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$31.00 ➝ $26.00	+13.94%
9/4/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Positive ➝ Positive	$33.00 ➝ $30.00	+25.26%
8/27/2024	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Mariani Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
8/27/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$25.00 ➝ $29.00	+19.83%
8/15/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$39.00 ➝ $31.00	+29.52%
7/18/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Leggate Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$35.00	+29.61%
7/3/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Jungwirth Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
6/14/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy	$34.00	+25.28%
5/24/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$30.00 ➝ $31.00	+14.14%
5/13/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$37.00 ➝ $41.00	+46.69%
3/22/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$33.00 ➝ $31.00	+12.89%
1/24/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$32.00 ➝ $34.00	+36.05%
1/23/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$39.00	+58.99%
3/10/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$27.00 ➝ $30.00	+21.11%
11/30/2022	Tudor, Pickering, Holt & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
11/30/2022	Tudor Pickering Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 12:54 AM ET.

Should I Buy Coterra Energy Stock? CTRA Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, October 15, 2024. Please send any questions or comments about these Coterra Energy pros and cons to contact@marketbeat.com.

Coterra Energy
Bull Case

Here are some ways that investors could benefit from investing in Coterra Energy Inc.:

Coterra Energy Inc. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
Recent acquisitions by institutional investors like Alpha Omega Wealth Management LLC and others suggest confidence in the company's future prospects.
Analysts have set a positive price target for Coterra Energy Inc., indicating potential for stock price appreciation.
The company's dividend yield of 3.55% provides investors with a steady income stream.
Coterra Energy Inc. has a relatively low debt-to-equity ratio of 0.16, indicating a healthy financial position.

Coterra Energy
Bear Case

Investors should be bearish about investing in Coterra Energy Inc. for these reasons:

The stock price of Coterra Energy Inc. has been fluctuating recently, which may indicate volatility in the market.
There was a slight miss in earnings per share in the last reported quarter, which could impact investor sentiment.
While revenue growth has been positive, it was slightly below analyst expectations, potentially leading to cautious investor outlook.
Market analysts have mixed ratings on the stock, with only two holding a neutral view, which could signal uncertainty in the market.
The company's price-to-earnings-growth ratio of 1.37 may indicate that the stock is slightly overvalued compared to its growth prospects.

CTRA Forecast - Frequently Asked Questions

: According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Coterra Energy is $32.06, with a high forecast of $41.00 and a low forecast of $26.00.
: 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coterra Energy in the last twelve months. There are currently 2 hold ratings, 16 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CTRA shares.
: According to analysts, Coterra Energy's stock has a predicted upside of 34.81% based on their 12-month stock forecasts.
: Over the previous 90 days, Coterra Energy's stock had 2 upgrades by analysts.
: Coterra Energy has been rated by research analysts at Barclays, JPMorgan Chase & Co., Morgan Stanley, Piper Sandler, Roth Capital, Roth Mkm, Scotiabank, Susquehanna, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Coterra Energy more than other "energy" companies. The consensus rating score for Coterra Energy is 2.95 while the average consensus rating score for "energy" companies is 2.76. Learn more on how CTRA compares to other companies.

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This page (NYSE:CTRA) was last updated on 10/20/2024 by MarketBeat.com Staff

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Coterra Energy (CTRA) Stock Forecast & Price Target