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Continental Resources (NYSE:CLR) has received a consensus rating of “Buy” from the twenty brokerages that are covering the stock, Stock Ratings reports. Five investment analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $148.31.

Several analysts have recently commented on the stock. Analysts at Global Hunter Securities raised their price target on shares of Continental Resources from $149.00 to $154.00 in a research note on Tuesday, August 12th. Separately, analysts at RBC Capital raised their price target on shares of Continental Resources from $138.00 to $148.00 in a research note on Thursday, August 7th. They now have an “outperform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Continental Resources in a research note on Monday, July 21st. They now have a $171.00 price target on the stock, up previously from $154.00.

Shares of Continental Resources (NYSE:CLR) opened at 144.50 on Wednesday. Continental Resources has a 52-week low of $91.28 and a 52-week high of $159.24. The stock’s 50-day moving average is $150.5 and its 200-day moving average is $134.. The company has a market cap of $26.645 billion and a P/E ratio of 41.68.

Continental Resources (NYSE:CLR) last released its earnings data on Tuesday, August 5th. The company reported $1.50 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.69 by $0.19. Analysts expect that Continental Resources will post $6.79 EPS for the current fiscal year.

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.

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