Carrizo Oil & Gas PT Raised to $75.00 at MLV & Co (CRZO)
Equities research analysts at MLV & Co
upped their price target on shares of Carrizo Oil & Gas (NASDAQ:CRZO) from $70.00 to $75.00 in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. MLV & Co
‘s price target suggests a potential upside of 12.31% from the stock’s previous close.
A number of other analysts have also recently weighed in on CRZO. Analysts at Imperial Capital raised their price target on shares of Carrizo Oil & Gas from $60.00 to $65.00 in a research note on Friday, May 9th. They now have an “outperform” rating on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Carrizo Oil & Gas in a research note on Wednesday, May 7th. They now have a $57.00 price target on the stock, up previously from $53.00. Finally, analysts at RBC Capital raised their price target on shares of Carrizo Oil & Gas from $57.00 to $60.00 in a research note on Wednesday, May 7th. They now have an “outperform” rating on the stock. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $57.45.
In other Carrizo Oil & Gas news, VP Gregory E. Evans sold 7,500 shares of Carrizo Oil & Gas stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of $62.80, for a total transaction of $471,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Carrizo Oil & Gas (NASDAQ:CRZO) opened at 66.78 on Thursday. Carrizo Oil & Gas has a 52-week low of $26.86 and a 52-week high of $67.10. The stock’s 50-day moving average is $58.62 and its 200-day moving average is $49.58. The company has a market cap of $3.038 billion and a price-to-earnings ratio of 117.26.
Carrizo Oil & Gas (NASDAQ:CRZO) last announced its earnings results on Tuesday, May 6th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.11. The company had revenue of $150.50 million for the quarter, compared to the consensus estimate of $140.26 million. During the same quarter in the previous year, the company posted $0.54 earnings per share. The company’s revenue for the quarter was up 27.3% on a year-over-year basis. On average, analysts predict that Carrizo Oil & Gas will post $2.74 earnings per share for the current fiscal year.
Carrizo Oil & Gas, Inc (NASDAQ:CRZO) is an independent energy company.
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.