Siebert Williams (NYSE:WMB) Shank & Co analyst Gabriele Sorbara maintained a Hold rating on Continental Resources (NYSE:CLR) on Thursday, setting a price target of $20, which is approximately 11.23% above the present share price of $17.98.
Sorbara expects Continental Resources to post earnings per share (EPS) of -$0.66 for the third quarter of 2020.
The current consensus among 15 TipRanks analysts is for a Hold rating of shares in Continental Resources, with an average price target of $16.8.
The analysts price targets range from a high of $23 to a low of $12.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $175.66 million and a net profit of -$272.24 million. The company's market cap is $6.57 billion.
According to TipRanks.com, Siebert Williams Shank & Co analyst Gabriele Sorbara is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -21.1% and a 25.75% 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.