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Norddeutsche Landesbank Keeps Their Hold Rating on Continental Resources (CLR)


According to The Fly, norddeutsche Landesbank analyst Frank Schwope maintained a Hold rating on Continental Resources (CLR) on November 8. 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, representing a 49.8% upside. In a report issued on October 25, J.P. Morgan also maintained a Hold rating on the stock.

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The company has a one-year high of $71.95 and a one-year low of $42.83. Currently, Continental Resources has an average volume of 1.99M.

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.