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Equities research analysts at SunTrust lifted their price target on shares of Clayton Williams Energy (NASDAQ:CWEI) from $173.00 to $201.00 in a research note issued to investors on Friday. SunTrust’s target price suggests a potential upside of 54.71% from the company’s current price.

Other equities research analysts have also recently issued reports about the stock. Analysts at Wunderlich reiterated a “buy” rating on shares of Clayton Williams Energy in a research note on Thursday, June 26th. They now have a $159.00 price target on the stock, down previously from $162.00. Separately, analysts at TheStreet upgraded shares of Clayton Williams Energy from a “hold” rating to a “buy” rating in a research note on Monday, April 28th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $132.75.

Clayton Williams Energy (NASDAQ:CWEI) traded down 1.05% on Friday, hitting $128.56. The stock had a trading volume of 26,701 shares. Clayton Williams Energy has a 52 week low of $47.13 and a 52 week high of $146.93. The stock’s 50-day moving average is $128.6 and its 200-day moving average is $107.3. The company has a market cap of $1.564 billion and a P/E ratio of 56.98.

Clayton Williams Energy (NASDAQ:CWEI) last issued its quarterly earnings data on Thursday, April 24th. The company reported $0.94 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.79 by $0.15. The company had revenue of $124.60 million for the quarter, compared to the consensus estimate of $108.56 million. During the same quarter in the prior year, the company posted ($3.39) earnings per share. The company’s quarterly revenue was up 12.4% on a year-over-year basis. On average, analysts predict that Clayton Williams Energy will post $5.42 earnings per share for the current fiscal year.

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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