Continental Resources – Consensus Indicates Potential 11.7% Upside

Broker Ratings

Continental Resources found using ticker (CLR) now have 31 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 41 and 15 with a mean TP of 28.73. Now with the previous closing price of 25.71 this indicates there is a potential upside of 11.7%. The 50 day moving average now sits at 26.82 and the 200 day moving average is 20.2. The company has a market capitalisation of $9,485m. Company Website: http://www.clr.com

Continental Resources explores for, develops, and produces crude oil and natural gas primarily in the north, south, and east regions of the United States. The company sells its crude oil and natural gas production to energy marketing companies, crude oil refining companies, and natural gas gathering and processing companies. As of December 31, 2020, its proved reserves were 1,104 million barrels of crude oil equivalent (MMBoe) with proved developed reserves of 627 MMBoe. The company was founded in 1967 and is headquartered in Oklahoma City, Oklahoma.

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