According to The Fly, in a report released yesterday, Max Warburton from Bernstein maintained a Buy rating on Continental Resources (CLR). The company’s shares closed yesterday at $46.11, close to its 52-week low of $43.53.
According to TipRanks.com, Warburton is ranked #1837 out of 5121 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Continental Resources with a $70.15 average price target, a 52.1% upside from current levels. In a report issued on November 25, Stifel Nicolaus also reiterated a Buy rating on the stock with a $70 price target.
.
See today’s analyst top recommended stocks >>
Based on Continental Resources’ latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $314 million. In comparison, last year the company had a net profit of $10.62 million.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock.
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.
Continental Resources, Inc. engages in the exploration and production of crude oil and natural gas. Its operations are focuses on the MT Bakken; Red River Unites; STACK; Arkoma Woodford; SCOOP; and Other. The company was founded by Harold G. Hamm in 1967 and is headquartered in Oklahoma City, OK.
