Replies to post #153 on Cabot Oil & Gas Corporation (COG)

[johnsyn]

Jeffries Raises Cabot Oil & Gas (COG) PT by $20

11:09 AM 2/25/2013 - StreetInsider

Jefferies boosted estimates and its price target on Buy-rated Cabot Oil & Gas (NYSE: COG) from $56 to $76 following Q4 results.

"While some profit taking is likely near-term, we are raising NAV to $76 on higher Marcellus reserve growth forecast. We think COG is now discounting 2015 reserves, but it possesses many more years of visible growth.

The firm raised Q1 EPS from $0.26 to $0.29, FY13 from $1.15 to $1.22 and FY14 from $2.11 to $2.30.


Shares of Cabot Oil & Gas closed at $59.81 yesterday, with a 52 week range of $28.84-$59.90.

[johnsyn]

moving on up to the good life- Wells Fargo Starts Cabot Oil & Gas (COG) at Outperform

6:50 AM 4/19/2013 - StreetInsider

Wells Fargo initiates coverage on Cabot Oil & Gas (NYSE: COG) with a Outperform and $78-$82 valuation range.

The analyst comments: "With its core asset in the Marcellus, Cabot provides investors with exposure to industry-leading per share growth and capital efficiency. As the company transitions to development mode, we believe more efficiency gains are to be had. With an inventory in place to support a top-tier growth profile and an asset base that is throwing off free cash flow, Cabot provides exposure to one of the premium E&P assets in the lower 48. We are initiating coverage of Cabot with an Outperform rating on the shares. Our EPS estimates for 2013 and 2014 are $1.50 and $2.84."


Shares of Cabot Oil & Gas closed at $65.72 yesterday, with a 52 week range of $29.20-$71.39.

[boo boo]

Good price to buy here near the 200 dma or hold out for sub $32?