NEW YORK, January 18 (FinanceEnquiry.com) - Analysts at Deutsche Bank Securities initiate coverage on CONSOL Energy (NYSE: CNX) with a Buy rating. The 12-month target price is set to $50.

In a research note published yesterday, the analysts prefer CONSOL Energy for its quality assets, favorable cost structure, historical operating performance, natgas expansion, positive priced/hedged position, lower perceived downside, solid financial position and valuation. The CONSOL Energy is presently trading at a 30% discount to SOTP valuation and 6x2013E EV/EBITDA.