Analysts Offer Insights on Energy Companies: California Resources Corp (CRC) and Chord Energy (CHRD)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on California Resources Corp (CRC – Research Report) and Chord Energy (CHRD – Research Report) with bullish sentiments.
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California Resources Corp (CRC)
In a report released today, Nitin Kumar CFA from Mizuho Securities reiterated a Buy rating on California Resources Corp, with a price target of $72.00. The company’s shares closed last Friday at $47.94.
According to TipRanks.com, CFA is a 4-star analyst with an average return of
Currently, the analyst consensus on California Resources Corp is a Strong Buy with an average price target of $65.10, a 39.4% upside from current levels. In a report issued on January 7, Barclays also maintained a Buy rating on the stock with a $68.00 price target.
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Chord Energy (CHRD)
William Blair analyst Neal Dingmann maintained a Buy rating on Chord Energy today. The company’s shares closed last Friday at $92.30.
According to TipRanks.com, Dingmann is a 2-star analyst with an average return of
Currently, the analyst consensus on Chord Energy is a Moderate Buy with an average price target of $123.00, implying a 33.1% upside from current levels. In a report issued on January 7, RBC Capital also maintained a Buy rating on the stock with a $135.00 price target.
