Braskem S.A. (BAK) Forms $28.48 Double Top; Cabot Oil & Gas (COG) Had 21 Bulls

Among 33 analysts covering Cabot Oil & Gas (NYSE:COG), 21 have Buy rating, 1 Sell and 11 Hold. Therefore 64% are positive. Cabot Oil & Gas had 107 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Morgan Stanley on Tuesday, August 1. BMO Capital Markets maintained Cabot Oil & Gas Corporation (NYSE:COG) on Tuesday, October 10 with “Buy” rating. As per Monday, May 1, the company rating was maintained by Williams Capital Group. Cowen & Co upgraded the stock to “Outperform” rating in Tuesday, January 12 report. The firm earned “Buy” rating on Thursday, February 18 by Drexel Hamilton. The rating was maintained by BMO Capital Markets with “Outperform” on Monday, October 30. The company was maintained on Sunday, January 21 by KeyBanc Capital Markets. As per Monday, August 29, the company rating was initiated by Williams Capital Group. The stock of Cabot Oil & Gas Corporation (NYSE:COG) has “Hold” rating given on Tuesday, January 30 by Jefferies. Jefferies maintained it with “Hold” rating and $2400 target in Wednesday, July 19 report. See Cabot Oil & Gas Corporation (NYSE:COG) latest ratings:

23/02/2018 Broker: Williams Capital Group Rating: Hold New Target: $30.0 Maintain
30/01/2018 Broker: Jefferies Rating: Hold New Target: $29.0 Maintain
21/01/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $35.0 Maintain
17/01/2018 Broker: Susquehanna Old Rating: Positive New Rating: Neutral Downgrade
11/01/2018 Broker: BMO Capital Markets Rating: Buy New Target: $35.0 Maintain
03/01/2018 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade
02/01/2018 Broker: Raymond James Old Rating: Outperform New Rating: Underperform Downgrade
20/12/2017 Broker: Piper Jaffray Rating: Buy New Target: $37.0 Maintain
21/12/2017 Broker: Williams Capital Group Rating: Hold New Target: $30.0 Maintain
11/12/2017 Broker: Credit Suisse Rating: Hold New Target: $30.0 Initiate

Braskem S.A. (BAK) formed double top with $29.90 target or 5.00% above today’s $28.48 share price. Braskem S.A. (BAK) has $11.46B valuation. The stock decreased 0.73% or $0.21 during the last trading session, reaching $28.48. About 347,454 shares traded. Braskem S.A. (NYSE:BAK) has risen 73.46% since March 1, 2017 and is uptrending. It has outperformed by 56.76% the S&P500.

The stock decreased 0.33% or $0.08 during the last trading session, reaching $24.16. About 4.04 million shares traded. Cabot Oil & Gas Corporation (NYSE:COG) has risen 1.25% since March 1, 2017 and is uptrending. It has underperformed by 15.45% the S&P500.

Investors sentiment decreased to 1.07 in 2017 Q3. Its down 0.02, from 1.09 in 2017Q2. It dived, as 39 investors sold Cabot Oil & Gas Corporation shares while 160 reduced holdings. 60 funds opened positions while 153 raised stakes. 435.56 million shares or 1.02% less from 440.03 million shares in 2017Q2 were reported. Strs Ohio invested in 0% or 23,939 shares. Pension owns 531,339 shares. 200,877 are owned by Petrus Tru Lta. Tobam reported 199,369 shares or 0.2% of all its holdings. Deutsche National Bank & Trust Ag holds 0.03% or 1.59M shares in its portfolio. Wealthtrust stated it has 357 shares or 0.01% of all its holdings. Point72 Asia (Hong Kong) Limited stated it has 1,661 shares. Exxonmobil Investment Inc Tx invested in 0.06% or 84,458 shares. New York State Teachers Retirement System invested 0.05% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG). San Francisco Sentry Invest Gru (Ca) invested 0% in Cabot Oil & Gas Corporation (NYSE:COG). Wafra Invest Advisory Group reported 0.03% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG). Point72 Asset Management Limited Partnership, Connecticut-based fund reported 150,000 shares. C M Bidwell & Associates Limited stated it has 8,165 shares or 0.33% of all its holdings. Paloma Partners Mgmt Co holds 48,602 shares or 0.02% of its portfolio. Citigroup holds 0% or 205,386 shares in its portfolio.

Cabot Oil & Gas Corporation, an independent gas and oil company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States. The company has market cap of $11.17 billion. The firm primarily focuses on the Marcellus Shale with approximately 179,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; and the Eagle Ford Shale with approximately 84,000 net acres in the oil window of the play located in Atascosa, Frio, and La Salle Counties, Texas. It has a 111.85 P/E ratio. It also transports, stores, gathers, and purchases natural gas for resale.

Since September 5, 2017, it had 0 buys, and 1 sale for $319,283 activity. HUTTON JEFFREY W also sold $319,283 worth of Cabot Oil & Gas Corporation (NYSE:COG) on Tuesday, September 5.

Analysts await Braskem S.A. (NYSE:BAK) to report earnings on August, 16. BAK’s profit will be $325.99 million for 8.79 P/E if the $0.81 EPS becomes a reality. After $0.64 actual earnings per share reported by Braskem S.A. for the previous quarter, Wall Street now forecasts 26.56% EPS growth.

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