According to The Fly, in a report released yesterday, Gungun Verma from Goldman Sachs maintained a Buy rating on Continental Resources (CLR). The company’s shares closed yesterday at $44.73, close to its 52-week low of $43.53.
According to TipRanks.com, Verma is ranked #4448 out of 5132 analysts.
Currently, the analyst consensus on Continental Resources is a Moderate Buy with an average price target of $69.54, implying a 55.5% upside from current levels. In a report issued on November 13, Morgan Stanley also maintained a Buy rating on the stock.
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The company has a one-year high of $71.95 and a one-year low of $43.53. Currently, Continental Resources has an average volume of 2.19M.
Based on the recent corporate insider activity of 51 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.
