Contango Oil & Gas logo SunTrust Banks restated their hold rating on shares of Contango Oil & Gas (NYSEAMERICAN:MCF) in a research report released on Wednesday. SunTrust Banks currently has a $5.00 price target on the oil and natural gas company’s stock. SunTrust Banks also issued estimates for Contango Oil & Gas’ Q3 2018 earnings at ($0.17) EPS, Q4 2018 earnings at ($0.10) EPS, FY2019 earnings at ($0.37) EPS and FY2020 earnings at ($0.12) EPS. Several other equities analysts also recently weighed in on MCF. Johnson Rice downgraded shares of Contango Oil & Gas from an accumulate rating to a hold rating and set a $5.00 price target on the stock. in a report on Thursday, August 9th. Royal Bank of Canada reaffirmed a buy rating and set a $6.00 price target on shares of Contango Oil & Gas in a report on Friday, July 13th. Zacks Investment Research downgraded shares of Contango Oil & Gas from a hold rating to a sell rating in a report on Wednesday, October 10th. Finally, Seaport Global Securities downgraded shares of Contango Oil & Gas from a buy rating to a neutral rating and set a $7.00 price target on the stock. […]
