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Crescent Energy Company Class A (CRGY) Gets a Buy from Siebert Williams Shank & Co

Tipranks - Tipranks - Tue Apr 21, 6:02AM CDT

Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Buy rating on Crescent Energy Company Class A today and set a price target of $18.00.

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Sorbara covers the Energy sector, focusing on stocks such as CNX Resources, Devon Energy, and Ovintiv. According to TipRanks, Sorbara has an average return of 13.5% and a 62.81% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Crescent Energy Company Class A with a $15.67 average price target.

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Based on Crescent Energy Company Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $865.05 million and a GAAP net loss of $8.66 million. In comparison, last year the company earned a revenue of $875.29 million and had a GAAP net loss of $118.04 million

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