In a report released today, Biju Perincheril from Susquehanna reiterated a Hold rating on Continental Resources (CLR), with a price target of $48. The company’s shares closed yesterday at $45.61.
According to TipRanks.com, Perincheril is a 3-star analyst with an average return of 2.2% and a 42.7% success rate. Perincheril covers the Basic Materials sector, focusing on stocks such as CNX Resources Corporation, Jagged Peak Energy Inc, and Whiting Petroleum Corp.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Continental Resources with a $64.69 average price target.
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The company has a one-year high of $71.95 and a one-year low of $35.54. Currently, Continental Resources has an average volume of 2.82M.
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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.
