RBC Capital analyst Scott Hanold maintained a Buy rating on Continental Resources (NYSE:CLR) on Thursday, setting a price target of $32, which is approximately 18.91% above the present share price of $26.91.
Hanold expects Continental Resources to post earnings per share (EPS) of -$0.26 for the second quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Hold rating of shares in Continental Resources, with an average price target of $26.04.
The analysts price targets range from a high of $34 to a low of $15.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $837.64 million and a net profit of -$24.4 million. The company's market cap is $9.89 billion.
According to TipRanks.com, RBC Capital analyst Scott Hanold is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -0.9% and a 40.11% success rate.
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.