Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Frank’s International (FI), Continental Resources (CLR) and Conocophillips (COP).
Frank’s International (FI)
In a report released today, Kurt Hallead from RBC Capital reiterated a Buy rating on Frank’s International, with a price target of $9. The company’s shares opened today at $5.67.
According to TipRanks.com, Hallead is ranked 0 out of 5 stars with an average return of -6.8% and a 34.4% success rate. Hallead covers the Basic Materials sector, focusing on stocks such as Ncs Multistage Holdings Inc, Covia Holdings Corporation, and Oceaneering International.
Frank’s International has an analyst consensus of Moderate Sell, with a price target consensus of $5.67.
See today’s analyst top recommended stocks >>
Continental Resources (CLR)
In a report released today, Brad Heffern from RBC Capital reiterated a Buy rating on Continental Resources, with a price target of $55. The company’s shares opened today at $45.41.
According to TipRanks.com, Heffern is a 5-star analyst with an average return of 11.2% and a 49.4% success rate. Heffern covers the Basic Materials sector, focusing on stocks such as Marathon Petroleum Corporation, Contango Oil & Gas Company, and Sanchez Energy Corporation.
Continental Resources has an analyst consensus of Strong Buy, with a price target consensus of $67.14, which is a 47.9% upside from current levels. In a report released today, BMO Capital also upgraded the stock to Buy with a $55 price target.
.
Conocophillips (COP)
In a report released today, Scott Hanold from RBC Capital reiterated a Hold rating on Conocophillips, with a price target of $80. The company’s shares opened today at $63.91.
According to TipRanks.com, Hanold ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -7.0% and a 36.6% success rate. Hanold covers the Basic Materials sector, focusing on stocks such as Anadarko Petroleum, Devon Energy Corp, and EOG Resources.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Conocophillips with a $72.43 average price target, representing a 13.3% upside. In a report issued on January 4, Merrill Lynch also downgraded the stock to Hold with a $72 price target.
.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
