Continental Resources (CLR) – Research Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Continental Resources (NYSE: CLR) recently:

  • 2/5/2018 – Continental Resources is now covered by analysts at B. Riley. They set a “buy” rating and a $78.00 price target on the stock.
  • 2/1/2018 – Continental Resources is now covered by analysts at Deutsche Bank AG. They set a “buy” rating and a $70.00 price target on the stock.
  • 1/30/2018 – Continental Resources was given a new $68.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 1/29/2018 – Continental Resources was given a new $71.00 price target on by analysts at Stifel Nicolaus. They now have a “buy” rating on the stock.
  • 1/24/2018 – Continental Resources had its price target raised by analysts at Morgan Stanley from $56.00 to $70.00. They now have an “overweight” rating on the stock.
  • 1/23/2018 – Continental Resources was given a new $65.00 price target on by analysts at Credit Suisse Group AG. They now have a “buy” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 1/23/2018 – Continental Resources was downgraded by analysts at KLR Group from a “buy” rating to a “hold” rating. They now have a $61.00 price target on the stock.
  • 1/18/2018 – Continental Resources was given a new $58.00 price target on by analysts at Cowen Inc. They now have a “hold” rating on the stock.
  • 1/18/2018 – Continental Resources was downgraded by analysts at Tudor Pickering from a “buy” rating to a “hold” rating.
  • 1/17/2018 – Continental Resources had its “neutral” rating reaffirmed by analysts at Susquehanna Bancshares Inc. They now have a $61.00 price target on the stock.
  • 1/17/2018 – Continental Resources was downgraded by analysts at UBS Group AG from a “positive” rating to a “neutral” rating.
  • 1/11/2018 – Continental Resources had its “overweight” rating reaffirmed by analysts at Barclays PLC. They now have a $58.00 price target on the stock, up previously from $53.00.
  • 1/9/2018 – Continental Resources had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $57.00 price target on the stock.
  • 1/5/2018 – Continental Resources was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $63.00 price target on the stock. According to Zacks, “CONTINENTAL RESOURCES is a crude-oil concentrated, independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States. The Company focuses its operations in large new and developing plays where horizontal drilling, advanced fracture stimulation and enhanced recovery technologies provide the means to economically develop and produce oil and natural gas reserves from unconventional formations. “
  • 12/20/2017 – Continental Resources had its “buy” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $52.00 price target on the stock.
  • 12/20/2017 – Continental Resources was given a new $57.00 price target on by analysts at Jefferies Group LLC. They now have a “buy” rating on the stock.
  • 12/19/2017 – Continental Resources was upgraded by analysts at Seaport Global Securities from a “sell” rating to a “neutral” rating.
  • 12/18/2017 – Continental Resources was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating. They now have a $54.00 price target on the stock, up previously from $46.00.
  • 12/14/2017 – Continental Resources was upgraded by analysts at Macquarie from a “neutral” rating to an “outperform” rating. They now have a $55.00 price target on the stock, up previously from $53.57.

Shares of Continental Resources, Inc. (NYSE:CLR) opened at $49.06 on Monday. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.55. Continental Resources, Inc. has a 12-month low of $29.08 and a 12-month high of $58.89. The firm has a market cap of $18,407.75, a PE ratio of -700.76 and a beta of 1.36.

In other news, SVP Gary E. Gould sold 5,000 shares of Continental Resources stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $49.52, for a total transaction of $247,600.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Mark E. Monroe sold 20,000 shares of Continental Resources stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $47.90, for a total transaction of $958,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 52,874 shares of company stock worth $2,603,673. 76.87% of the stock is owned by company insiders.

Continental Resources, Inc is a crude oil and natural gas company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units.

Receive News & Ratings for Continental Resources Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental Resources Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply