Coterra Energy (CTRA) has recently been a subject of numerous market analyses, with mixed but generally positive views. The firm has experienced
dips as well as gains, often outrunning the broader markets, but occasionally lagging behind. Notably,
JP Morgan and
Truist Financial have maintained a favorable stance on CTRA, with the latter recently upgrading its rating.
Beacon Pointe Advisors and
Janney Montgomery Scott LLC have increased their CTRA stakes, while
Q1 2024 earnings have surpassed market expectations. The company's
2024 outlook remains promising, and its
intrinsic value is considered well above the current share price. However, CTRA's Q4 revenues fell short of estimates, and a decline in the production is anticipated. Some analysts have pointed out that despite CTRA's low P/E, there is no cause for excitement.
ING Groep NV has notably purchased a significant amount of CTRA shares. Overall, the company's
shareholder return story is solid, with Truist upgrading the firm based on its upside potential.
Coterra Energy CTRA News Analytics from Mon, 07 Aug 2023 07:00:00 GMT to Wed, 22 May 2024 19:58:14 GMT -
Rating 4
- Innovation -1
- Information 7
- Rumor 3
