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Main » Continental Resources (CLR) Raised to "Strong-Buy" at Zacks Investment Research

Continental Resources (CLR) Raised to "Strong-Buy" at Zacks Investment Research

13 January 2018

The most recent non open market insider trade was completed by HUME JEFF B on 12/14/2017, and was a disposition of 4,400 shares with a final price of $0.

Crown Holdings, Inc. designs, manufactures, and sells packaging products for consumer goods in the Americas, Europe, and the Asia Pacific. Vale S.A. (NYSE:VALE) has risen 111.11% since January 13, 2017 and is uptrending. The firm earned "Outperform" rating on Thursday, September 22 by BNP Paribas. Continental Resources Inc. had 132 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has a consensus rating of Buy and an average target price of $49.15. Therefore 68% are positive. Continental Resources, Inc. (NYSE:CLR) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges.

Unum Group (UNM) analysts on average have given a price target of $53.04 on UNM stock. Continental Resources Inc. had 130 analyst reports since July 21, 2015 according to SRatingsIntel. Reilly Fincl Advisors Ltd Llc holds 0.01% in Continental Resources, Inc.

Several research firms have weighed in on CLR. (NYSE:MET) earned "Equal-Weight" rating by Morgan Stanley on Friday, November 3. Finally, BNP Paribas Arbitrage SA boosted its holdings in Continental Resources by 362.8% during the second quarter. The stock has "Buy" rating by Wunderlich on Friday, May 6. The company was maintained on Sunday, August 27 by BMO Capital Markets. (NYSE:CLR) on Wednesday, November 8 with "Buy" rating. (NYSE:CLR). Beddow Capital Mgmt Inc has invested 0.89% in Continental Resources, Inc. As per Monday, October 9, the company rating was maintained by RBC Capital Markets. SunTrust initiated the stock with "Neutral" rating in Tuesday, December 15 report. The firm has "Buy" rating by Stifel Nicolaus given on Thursday, July 13. RBC Capital Markets maintained it with "Buy" rating and $52.0 target in Wednesday, December 20 report.

Among 37 analysts covering Continental Resources Inc. Continental Resources, Inc. (CLR) has had a 20-day average volume of 1,800,135 shares, with an average of 80% of short term indicators pointed at Buy.

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". It now has negative earnings. GFED's profit will be $1.68 million for 14.60 P/E if the $0.38 EPS becomes a reality. Its down 0.31, from 1.08 in 2017Q2. Sit Investment Assocs Inc invested 0.04% of its portfolio in Continental Resources, Inc. (NYSE:CLR). Mackenzie Corp holds 0.01% or 34,000 shares.

Zacks tracked 8 analysts to create a quarterly consensus estimate of 0.34 for Continental Resources, Inc. (NYSE:CLR). 21,724 were reported by Virtu Limited Company. (NYSE:CLR). Credit Agricole S A holds 0.02% or 175,160 shares in its portfolio.

Continental Resources, Inc. (NYSE:CLR)'s Price Change % over the last week is 2.88%. (NYSE:CLR) for 48,220 shares. It also reduced Quotient Tech. stake by 75,200 shares and now owns 5.59M shares. Barclays Capital maintained the shares of CLR in report on Monday, November 20 with "Overweight" rating. Teacher Retirement Of Texas holds 445,572 shares. Deprince Race & Zollo Incorporated holds 10,000 shares or 0.01% of its portfolio. (NYSE:CLR) for 1,500 shares. First Manhattan has 0% invested in Continental Resources, Inc. (NYSE:CLR) rating on Thursday, August 25. Oppenheimer And holds 0.05% in Continental Resources, Inc. (NYSE:CCK) to report earnings on February, 1. According to the Analysts, the Low Earnings estimate for the current quarter is $0.1, while the High earnings estimate is $0.71.Comparatively, EPS for the same quarter previous year was $0.24. About 1.99M shares traded. About 2.14 million shares traded. Continental Resources, Inc. (NYSE:CLR) has risen 4.05% since January 10, 2017 and is uptrending. It has underperformed by 12.65% the S&P500.

Since December 13, 2017, it had 0 buys, and 1 insider sale for $958,024 activity.

In related news, Director Mark E. Monroe sold 20,000 shares of the business's stock in a transaction on Wednesday, December 13th.

Investors sentiment decreased to 0.72 in Q3 2017. The shares were sold at an average price of $50.85, for a total value of $502,092.90. About 5.56 million shares traded. Pnc Financial Group owns 955 shares. Pitcairn holds 6,686 shares or 0.03% of its portfolio. Moreover, State Of Alaska Department Of Revenue has 0.01% invested in US Ecology, Inc. The company was upgraded on Wednesday, September 9 by Bank of America. (NASDAQ:ECOL) or 3,995 shares. Bridgewater Associates LP reported 19,395 shares or 0.01% of all its holdings. Mondrian Inv Partners invested in 78,158 shares or 0.11% of the stock. Scotia Capital holds 0.02% of its portfolio in CommScope Holding Company, Inc. Corecommodity Mngmt Limited invested in 1.64% or 44,844 shares. 236,398 are held by Horizon Kinetics Limited Liability Corporation. (NASDAQ:COMM) for 99,316 shares. Boothbay Fund Management Ltd Liability Com holds 6,900 shares. Fj Capital Management Llc owns 407,000 shares or 1.06% of their U.S. portfolio. Lombard Odier Asset (Europe) owns 23,451 shares.

Among 26 analysts covering Vale S.A.