California Resources Corporatio – Consensus Indicates Potential 51.1% Upside

Broker Ratings

California Resources Corporatio found using ticker (CRC) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price ranges between 90 and 50 and has a mean target at 61. With the stocks previous close at 40.37 this is indicating there is a potential upside of 51.1%. The 50 day moving average now sits at 42.68 and the 200 day MA is 43.33. The market capitalisation for the company is $2,776m. You can visit the company’s website by visiting:

The potential market cap would be $4,195m based on the market concensus.

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California Resources Corporation operates as an independent oil and natural gas exploration and production company in the United States. The company explores, produces, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It also engages in the generation and sale of electricity to the local utility and the grid. The company was incorporated in 2014 and is based in Long Beach, California.

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