Clayton Williams Energy Inc. Sets New 1-Year High at $87.41 (CWEI)
Clayton Williams Energy (NASDAQ:CWEI) set a new 52-week high on Wednesday, AR Network reports. The company traded as high as $87.41 and last traded at $83.62, with a volume of 114,066 shares. The stock had previously closed at $75.76.
A number of research firms have recently commented on CWEI. Analysts at SunTrust upgraded shares of Clayton Williams Energy from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday. They now have a $145.00 price target on the stock. Analysts at Global Hunter Securities upgraded shares of Clayton Williams Energy from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, December 3rd. They now have a $100.00 price target on the stock, up previously from $82.00. They noted that the move was a valuation call. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $104.00.
Clayton Williams Energy has a 52 week low of $35.30 and a 52 week high of $85.05. The stock’s 50-day moving average is $74.84 and its 200-day moving average is $65.76. The company’s market cap is $1.033 billion.
Clayton Williams Energy, Inc (NASDAQ:CWEI) is an independent oil and gas company engaged in the exploration for and production of oil and natural gas primarily in Texas, Louisiana and New Mexico.
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