Carrizo Oil & Gas (NASDAQ: CRZO) had its target price increased by BMO Capital Markets from $22.00 to $25.00 in a research note issued to investors on Thursday. The firm currently has a market perform rating on the stock.
BMO Capital Markets has also updated their ratings on a number of other basic materials stocks in the last week. The firm raised its price target on shares of Range Resources from $75.00 to $84.00. They have an outperform rating on that stock. Also, BMO Capital Markets lowered its price target on shares of Newfield Exploration Co. from $29.00 to $24.00. They have a market perform rating on that stock. Finally, BMO Capital Markets downgraded shares of SM Energy from an outperform rating to a market perform rating. Their analysts now have a $65.00 price target on that stock.
A number of other firms have also recently commented on CRZO. Analysts at Canaccord Genuity cut their price target on shares of Carrizo Oil & Gas from $35.00 to $34.00 in a research note to investors on Wednesday, February 27th. They now have a buy rating on the stock. Separately, analysts at Oppenheimer cut their price target on shares of Carrizo Oil & Gas from $36.00 to $30.00 in a research note to investors on Wednesday, February 27th. Finally, analysts at JPMorgan Chase cut their price target on shares of Carrizo Oil & Gas to $21.00 in a research note to investors on Thursday, February 21st.
Seven research analysts have rated the stock with a buy rating, three have issued an overweight rating, six have issued a hold rating, and one has given a sell rating to the company. The stock has a consensus rating of overweight and a consensus target price of $28.71.
Carrizo Oil & Gas opened at 22.93 on Thursday. Carrizo Oil & Gas has a 1-year low of $19.04 and a 1-year high of $31.62. The stock’s 50-day moving average is currently $21.80. The company has a market cap of $910.0 million and a price-to-earnings ratio of 16.50.
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