Continental Resources Inc. Oklahoma Reaches New 12-Month High at $115.33 (CLR)
Continental Resources Inc. Oklahoma (NYSE:CLR)’s share price reached a new 52-week high on Tuesday, American Banking and Market News reports. The company traded as high as $115.33 and last traded at $113.66, with a volume of 773,473 shares traded. The stock had previously closed at $112.96.
CLR has been the subject of a number of recent research reports. Analysts at Cowen and Company raised their price target on shares of Continental Resources Inc. Oklahoma from $115.00 to $120.00 in a research note to investors on Thursday, October 10th. They now have an “outperform” rating on the stock. Separately, analysts at SunTrust raised their price target on shares of Continental Resources Inc. Oklahoma from $112.00 to $120.00 in a research note to investors on Thursday, October 3rd. They now have a “neutral” rating on the stock. Finally, analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of Continental Resources Inc. Oklahoma in a research note to investors on Wednesday, October 2nd. They now have a $130.00 price target on the stock. Three analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $119.89.
Continental Resources Inc. Oklahoma has a 52-week low of $66.07 and a 52-week high of $114.19. The stock’s 50-day moving average is $103.2 and its 200-day moving average is $90.79. The company has a market cap of $20.863 billion and a P/E ratio of 28.50.
Continental Resources Inc. Oklahoma (NYSE:CLR) last released its earnings data on Wednesday, August 7th. The company reported $1.33 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.25 by $0.08. The company had revenue of $892.19 million for the quarter, compared to the consensus estimate of $853.42 million. During the same quarter in the previous year, the company posted $0.68 earnings per share. The company’s revenue for the quarter was up 70.5% on a year-over-year basis. On average, analysts predict that Continental Resources Inc. Oklahoma will post $5.50 earnings per share for the current fiscal year.
Continental Resources, Inc (NYSE:CLR) is an independent crude oil and natural gas exploration and production company with operations in the North, South and East regions of the United States.
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