Share on StockTwits
 

Stock analysts at BMO Capital Markets began coverage on shares of Continental Resources Inc. Oklahoma (NYSE:CLR) in a report issued on Monday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating on the stock.

Continental Resources Inc. Oklahoma (NYSE:CLR) last issued its quarterly earnings data on Thursday, November 7th. The company reported $1.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.13. The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $970.67 million. During the same quarter in the previous year, the company posted $0.87 earnings per share. The company’s revenue for the quarter was up 60.1% on a year-over-year basis.

Other equities research analysts have also recently issued reports about the stock. Analysts at Merrill Lynch upgraded shares of Continental Resources Inc. Oklahoma to a “buy” rating in a research note to investors on Tuesday, January 7th. Separately, analysts at Bank of America Corp. upgraded shares of Continental Resources Inc. Oklahoma from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, January 7th. Finally, analysts at Deutsche Bank downgraded shares of Continental Resources Inc. Oklahoma from a “buy” rating to a “hold” rating in a research note to investors on Monday, December 9th. They now have a $121.00 price target on the stock, down previously from $128.00. Four research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $123.17.

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.

The Fly On The Wall

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.