Siebert Williams (NYSE:WMB) Shank & Co analyst Gabriele Sorbara reiterated a Hold rating on Continental Resources (NYSE:CLR) on Wednesday, setting a price target of $22, which is approximately 9.43% below the present share price of $24.29.
Sorbara expects Continental Resources to post earnings per share (EPS) of -$0.22 for the first quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Hold rating of shares in Continental Resources, with an average price target of $20.5.
The analysts price targets range from a high of $26 to a low of $11.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $692.37 million and a net profit of -$12.58 million. The company's market cap is $8.87 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 -11.2% and a 32.70% 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.