Key Researchers at Imperial Capital Maintain their ‘”Outperform”’ rating for California Resources Corp (NYSE MKT:CRC) Shares Today. Their Target is Set to $41

May 17, 2018 - By Harriett Tippett

Investors sentiment increased to 0.5 in 2017 Q4. Its up 0.17, from 0.33 in 2017Q3. It improved, as 2 investors sold California Resources Corporation shares while 0 reduced holdings. 0 funds opened positions while 1 raised stakes. 197,048 shares or 0.05% less from 197,142 shares in 2017Q3 were reported.

Messner And Smith Theme Value Mgmt Ca holds 2 shares. 197,006 were accumulated by Adams Asset Advsrs Ltd Liability Corporation. Gemmer Asset Management holds 0% in California Resources Corporation (NYSE:CRC) or 27 shares. Vantage Invest Limited Liability Corporation owns 7 shares. American Research & Company owns 2 shares or 0% of their US portfolio. Cypress Management Lc (Wy) holds 0% of its portfolio in California Resources Corporation (NYSE:CRC) for 4 shares.

California Resources Corp (NYSE MKT:CRC) Rating Reaffirmed

EU: In analysts report made public on Thursday, 17 May, Imperial Capital restate their “Outperform” rating on California Resources Corp (NYSE MKT:CRC) shares. They now have a $41 target price on the firm. Imperial Capital’s target gives a potential upside of 11.72 % from the company’s current price.

The stock increased 4.80% or $1.68 during the last trading session, reaching $36.7. About 2.05 million shares traded. California Resources Corporation (NYSE MKT:CRC) has risen 26.38% since May 17, 2017 and is uptrending. It has outperformed by 14.83% the S&P500.

Analysts await California Resources Corporation (NYSE:CRC) to report earnings on August, 2. They expect $-0.29 earnings per share, up 84.15 % or $1.54 from last year’s $-1.83 per share. After $0.18 actual earnings per share reported by California Resources Corporation for the previous quarter, Wall Street now forecasts -261.11 % negative EPS growth.

California Resources Corporation operates as an oil and natural gas exploration and production firm in the State of California. The company has market cap of $1.66 billion. It produces and markets crude oil, natural gas, and natural gas liquids. It currently has negative earnings. The firm holds interests in approximately 2.3 million net acres of mineral acreage.

California Resources Corporation (NYSE:CRC) Ratings Chart

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