Carrizo Oil & Gas PT Raised to $80.00 (CRZO)
Investment analysts at Mizuho upped their price target on shares of Carrizo Oil & Gas (NASDAQ:CRZO) from $67.00 to $80.00 in a note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock. Mizuho’s price target suggests a potential upside of 15.46% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Global Hunter Securities raised their price target on shares of Carrizo Oil & Gas from $67.00 to $84.00 in a research note on Tuesday. Separately, analysts at SunTrust raised their price target on shares of Carrizo Oil & Gas from $66.00 to $80.00 in a research note on Monday. They now have a “buy” rating on the stock. Finally, analysts at Imperial Capital raised their price target on shares of Carrizo Oil & Gas from $65.00 to $82.00 in a research note on Tuesday, June 24th. They now have an “outperform” rating on the stock. Seven research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $63.15.
Carrizo Oil & Gas (NASDAQ:CRZO) opened at 69.29 on Wednesday. Carrizo Oil & Gas has a 1-year low of $29.22 and a 1-year high of $70.46. The stock has a 50-day moving average of $61.76 and a 200-day moving average of $51.4. The company has a market cap of $3.152 billion and a price-to-earnings ratio of 126.39.
Carrizo Oil & Gas (NASDAQ:CRZO) last announced its earnings results on Tuesday, May 6th. The company reported $0.51 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.54 earnings per share. Carrizo Oil & Gas’s revenue was up 27.3% compared to the same quarter last year. On average, analysts predict that Carrizo Oil & Gas will post $2.78 earnings per share for the current fiscal year.
Carrizo Oil & Gas, Inc (NASDAQ:CRZO) is an independent energy company.
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