Continental Resources, Inc. (CLR) Receives Buy Rating from Scotiabank

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15 July, 2017

Royal Bank Of Canada reaffirmed a "buy" rating and set a $63.00 target price on shares of Continental Resources in a report on Tuesday, April 25th. The total number of Outstanding Shares is 371.08 Million.

Continental Resources, Inc. has a one year low of $29.08 and a one year high of $60.30.

During the trading day, the stock price fluctuated between $31.3 and $32.3.

Continental Resources, Inc. (CLR) pulled off a 2.87 percent gain and now trades for $32.27. (NYSE:CLR) has risen 4.05% since July 14, 2016 and is uptrending. It has underperformed by 12.65% the S&P500.

Among 33 analysts covering Time Warner Inc. After having $1.52 EPS previously, Kaiser Aluminum Corp.'s analysts see -38.16% EPS growth. They expect $1.30 earnings per share, up 0.78% or $0.01 from last year's $1.29 per share. The target implies a 59.56% spike from where the shares are now trading.

Castleark Management Llc decreased General Electric Co (NYSE:GE) stake by 172,398 shares to 1.53M valued at $48.26M in 2016Q4. Pennsylvania Trust owns 4,960 shares. Iron Mtn Inc New (NYSE:IRM) was reduced too.

Investors sentiment decreased to 0.97 in Q4 2016. Its down 0.11, from 1.08 in 2016Q3.

Talking about profitability of the company, the profit margin percentage is -8.85% while its operating margin for the trailing twelve month is at -11.99%. 52 funds opened positions while 108 raised stakes.

While looking at the Stock's Performance, Continental Resources, Inc. now shows a Weekly Performance of 0.22%, where Monthly Performance is -10.68%, Quarterly performance is -33.2%, 6 Months performance is -37.11% and yearly performance percentage is -31.43%. (NYSE:CLR). Fifth Third Fincl Bank reported 26,759 shares or 0.01% of all its holdings. Federated Investors Incorporated Pa invested 0% in Syntel, Inc. Swiss State Bank reported 52,400 shares or 0% of all its holdings. Paloma Ptnrs Mgmt Co accumulated 117,289 shares or 0.06% of the stock. Tci Wealth Advsrs holds 342 shares. Andra Ap holds 61,900 shares or 0.16% of its portfolio. Gross Profit (ttm) is 1.68 Million.

Ameriprise Financial Inc. increased its stake in shares of Continental Resources, Inc. NYSE:CLR Independent Oil & Gas is now valued at -1.40%. Blackrock Gp Limited, United Kingdom-based fund reported 678,844 shares. Sg Americas Securities Limited owns 10,750 shares. Finally, Wolfe Research assumed coverage on Continental Resources in a research report on Thursday, June 15th. Equities analysts anticipate that Continental Resources will post $0.29 EPS for the current fiscal year. NYSE:CLR Independent Oil & Gas is 0.9 and the Quick Ratio measures to be 0.8. Cwm Ltd Company holds 0.22% of its portfolio in Continental Resources, Inc. A 22 analysts rate it as either a buy or a strong buy, while 1 believe that investors should either steer clear of (NYSE:CLR) or, if they already own its stock, sell it. Therefore 46% are positive.

Analyst Thoughts About Continental Resources, Inc. Morgan Stanley maintained it with "Equal Weight" rating and GBX 1380 target in Friday, August 5 report.

Are Continental Resources, Inc. The company was maintained on Friday, October 28 by BMO Capital Markets. The rating was upgraded by Scotia Capital on Saturday, August 15 to "Sector Perform". The rating was maintained by Nomura on Thursday, January 21 with "Buy". The firm has "Neutral" rating by Credit Suisse given on Monday, June 6.

Since February 27, 2017, it had 4 buys, and 3 sales for $5.36 million activity.

Presently Dean Foods Company (NYSE:DF) stock have an ABR of 2.04. Continental Resources, Inc. P/E (price to earnings) ratio is 0 and Forward P/E ratio of 35.25. (NYSE:CLR) on Tuesday, December 15 with "Neutral" rating.

Revenue per share is 6.12.

Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. Kingfisher Capital Llc who had been investing in Time Warner Inc. for a number of months, seems to be less bullish one the $77.01 billion market cap company. The Company's Fabricated Products segment focuses on producing rolled, extruded and drawn aluminum products used principally for aerospace and defense, automotive and general engineering products that include consumer durables, electronics, electrical and machinery and equipment applications. On Wednesday, March 1 the insider Brown Glen A sold $738,624. (NASDAQ:KALU) was sold by Parkinson Ray.

Investors sentiment decreased to 0.67 in 2016 Q4. Its down 0.11, from 1.08 in 2016Q3. 154 funds opened positions while 293 raised stakes. Balyasny Asset Ltd Limited Liability Company holds 0.05% or 186,437 shares in its portfolio.

Shares of Dean Foods Company (NYSE:DF) dropped -0.46% to $15.03. Blair William Il invested 0% in Syntel, Inc. (NASDAQ:SYNT) for 39,370 shares. Rothschild Asset invested in 271,845 shares or 0.27% of the stock. (NASDAQ:SYNT). Cantab Cap Partners Llp has 43,839 shares for 0% of their portfolio.

Shares of L Brands, Inc. Gru, New York-based fund reported 13,010 shares. Prelude Capital Mngmt Lc invested in 0% or 478 shares.


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