CFRA Keeps Their Hold Rating on Continental Resources (CLR)

According to The Fly, in a report released yesterday, Adrian Ng from CFRA maintained a Hold rating on Continental Resources (CLR). The company’s shares closed yesterday at $50.73.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Continental Resources with a $76 average price target, a 49.8% upside from current levels. In a report issued on October 25, J.P. Morgan also maintained a Hold rating on the stock.


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Continental Resources’ market cap is currently $18.81B and has a P/E ratio of 11.63. The company has a Price to Book ratio of 3.21.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock.

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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.