Contango Oil & Gas (NYSEAMERICAN:MCF) has received a consensus recommendation of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $5.60. A number of equities research analysts recently issued reports on MCF shares. Zacks Investment Research downgraded Contango Oil & Gas from a “hold” rating to a “sell” rating in a research report on Wednesday, July 25th. Seaport Global Securities downgraded Contango Oil & Gas from a “buy” rating to a “neutral” rating and set a $7.00 price objective on the stock. in a research report on Friday, September 7th. Royal Bank of Canada reiterated a “buy” rating and issued a $6.00 price objective on shares of Contango Oil & Gas in a research report on Friday, July 13th. SunTrust Banks reiterated a “hold” rating and issued a $5.00 price objective on shares of Contango Oil & Gas in a research report on Wednesday. Finally, Johnson Rice […]