KeyBanc analyst Leo Mariani maintained a Buy rating on Continental Resources (NYSE:CLR) on Thursday, setting a price target of $46, which is approximately 7.83% above the present share price of $42.66.
Mariani expects Continental Resources to post earnings per share (EPS) of $0.80 for the third quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Continental Resources, with an average price target of $42.79.
The analysts price targets range from a high of $53 to a low of $34.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1.24 billion and a net profit of $456.52 million. The company's market cap is $15.68 billion.
According to TipRanks.com, KeyBanc analyst Leo Mariani is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.8% and a 52.74% 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.