Shares of Contango Oil & Gas (NYSEAMERICAN:MCF) have received an average rating of “Hold” from the seven brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $5.33. Several analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Contango Oil & Gas from a “hold” rating to a “sell” rating in a research note on Wednesday, December 12th. Roth Capital set a $5.00 price objective on shares of Contango Oil & Gas and gave the stock a “buy” rating in a research note on Thursday, December 6th. SunTrust Banks set a $4.00 price objective on shares of Contango Oil & Gas and gave the stock a “hold” rating in a research note on Tuesday, November 27th. Royal Bank of Canada set a $7.00 price objective on shares of Contango Oil & Gas and gave the stock a “buy” rating in a research note on Thursday, September 20th. Finally, […]
