Stifel Nicolaus analyst Michael Scialla reiterated a Buy rating on Carrizo Oil & Gas (NASDAQ: CRZO) yesterday and set a price target of $38. The company’s shares closed yesterday at $27.50.
According to TipRanks.com, Scialla is a 3-star analyst with an average return of 2.6% and a 54.9% success rate. Scialla covers the Basic Materials sector, focusing on stocks such as Abraxas Petroleum Corp, Jagged Peak Energy Inc, and Whiting Petroleum Corp.
Currently, the analyst consensus on Carrizo Oil & Gas is a Strong Buy with an average price target of $34.33, representing a 24.8% upside. In a report issued on July 25, SunTrust Robinson also reiterated a Buy rating on the stock with a $36 price target.
.
See today’s analyst top recommended stocks >>
The company has a one-year high of $31.57 and a one-year low of $11.10. Currently, Carrizo Oil & Gas has an average volume of 2.93M.
Based on the recent corporate insider activity of 35 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.
Carrizo Oil & Gas, Inc. engages in the exploration, development, and production of natural gas and oil. Its operations include Delaware Basin and Eagle Ford Shale. The company was founded by Sylvester P. Johnson IV and Steven A. Webster in December 1993 and is headquartered in Houston, TX.
