Wells Fargo (NYSE:WFC) analyst Nitin Kumar CFA maintained a Buy rating on Civitas Resources on Friday, setting a price target of $67, which is approximately 32.31% above the present share price of $50.64.
Kumar CFA expects Civitas Resources to post earnings per share (EPS) of $1.32 for the fourth quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in Civitas Resources, with an average price target of $70.75.
The analysts price targets range from a high of $79 to a low of $62.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $189.96 million and a net profit of $99.73 million. The company's market cap is $4.28 billion.
According to TipRanks.com, Wells Fargo analyst Nitin Kumar CFA is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 12.1% and a 72.73% success rate.
Bonanza Creek (NYSE:BCEI) Energy, Inc. engages in the acquisition, exploration, development, and production of onshore oil and associated liquids. It holds interest in Wattenberg Field, Niobrara and Codell formations, and in Southern Arkansas, focused on oily Cotton Valley sands. The company was founded on December 2, 2010 and is headquartered in Denver, CO.