Continental Resources (CLR) Receives a Rating Update from a Top Analyst
In a report released today, Vincent Lovaglio from Mizuho Securities maintained a Hold rating on Continental Resources (CLR - Research Report), with a price target of $74.00. The companys shares opened today at $73.89.
Lovaglio covers the Utilities sector, focusing on stocks such as Devon Energy, Diamondback, and APA. According to TipRanks, Lovaglio has an average return of 46.7% and an 88.21% success rate on recommended stocks.
In addition to Mizuho Securities, Continental Resources also received a Hold from Raymond Jamess John Freeman in a report issued today. However, on October 18, Piper Sandler maintained a Sell rating on Continental Resources (NYSE: CLR).
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CLR market cap is currently $26.46B and has a P/E ratio of 9.19.
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Continental Resources, Inc. engages in the exploration, development and production of crude oil and natural gas. Its operations are focuses on the MT Bakken; Red River Unites; STACK; Arkoma Woodford; SCOOP; and Other. The company was founded by Harold G. Hamm in 1967 and is headquartered in Oklahoma City, OK.
Read More on CLR:
- BUYOUT INVESTIGATION ALERT: Kaskela Law LLC Announces Investigation of Continental Resources, Inc. (NYSE: CLR) and Encourages Shareholders to Contact the Firm
- Continental Resources upgraded to Equal Weight at Morgan Stanley with deal final
- Continental Resources upgraded to Equal Weight at Morgan Stanley
- Continental Resources price target raised to $74 from $70 at Piper Sandler
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