Continental Resources' (NYSE:CLR) "Buy" Rating Reiterated at Royal Bank of Canada

Mae Love
January 13, 2018

FMR LLC now owns 15,378,725 shares of the company's stock worth $696,195,000 after buying an additional 7,600,699 shares in the last quarter.

Guaranty Federal Bancshares, Inc. operates as the bank holding firm for Guaranty Bank that provides banking services and products in the southwestern corner of Missouri. It has outperformed by 7.66% the S&P500. US Ecology had 22 analyst reports since November 2, 2015 according to SRatingsIntel. (NYSE:CLR) is a huge mover today! Therefore 24% are positive. $48.47's average target is -16.90% below currents $58.33 stock price. Continental Resources, Inc. (NYSE:CLR) has risen 4.05% since January 11, 2017 and is uptrending. Morgan Stanley maintained Continental Resources, Inc. (NYSE:CLR) for 155 shares. Continental Resources now has a consensus rating of "Buy" and a consensus target price of $51.16. However, the optimistic prospect is encouraging for Continental Resources, which means it's worth diving deeper into other factors in order to take advantage of the next price drop. Nomura has "Buy" rating and $80 target. (NYSE:CLR) has "Buy" rating given on Tuesday, January 17 by Jefferies. The rating was maintained by Robert W. Baird with "Hold" on Thursday, October 12. If you've been keeping tabs on Continental Resources for some time, now may not be the best time to enter into the stock. The firm earned "Hold" rating on Monday, December 5 by KLR Group. The firm has "Equal-Weight" rating by Barclays Capital given on Monday, November 9. The company was maintained on Wednesday, October 14 by Deutsche Bank. The rating was maintained by Barclays Capital with "Buy" on Friday, April 21.

Continental Resources, Inc. explores for, develops, and produces natural gas and crude oil properties in the north, south, and east regions of the United States. The price now stands at $57.41. It now has negative earnings. (NYSE:AGN) stake by 1,570 shares to 6,825 valued at $1.40 million in 2017Q3.

Investors sentiment decreased to 0.77 in 2017 Q3. Its down 0.31, from 1.08 in 2017Q2.

Institutional investors have recently bought and sold shares of the company. 38 funds opened positions while 77 raised stakes. Continental Resources had a negative net margin of 28.27% and a negative return on equity of 8.69%. (NYSE:CLR). Prudential holds 9,546 shares. Public Employees Retirement Sys Of Ohio has invested 0.01% of its portfolio in Continental Resources, Inc.

CLR has been the topic of several other reports.

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Investors sentiment decreased to 0.77 in 2017 Q3.

Continental Resources (NYSE:CLR) last issued its earnings results on Tuesday, November 7th. According to the latest data, the consensus recommendation for Continental Resources, Inc. 30,134 are owned by Gulf International State Bank (Uk) Limited. Goldman Sachs Group Inc. had 90 analyst reports since July 21, 2015 according to SRatingsIntel. (NYSE:CLR). 445,572 are held by Teacher Retirement Systems Of Texas. Credit Agricole S A holds 0.02% or 175,160 shares. Corecommodity Mgmt Ltd Liability Corporation holds 1.64% or 44,844 shares in its portfolio. Ubs Oconnor Ltd Liability Com stated it has 30,000 shares or 0.03% of all its holdings. - Continental Resources ..." published on January 02, 2018, Seekingalpha.com published: "Continental Resources: "A Great Stock For Oil Bulls" on January 06, 2018. (NYSE:CLR) for 500 shares.

BMO Capital Markets assumed coverage on shares of Continental Resources in a research note on Sunday, October 30th. According to the Analysts, the Low Earnings estimate for the current quarter is $0.1, while the High earnings estimate is $0.71.Comparatively, EPS for the same quarter previous year was $0.24. CLR's profit will be $74.23 million for 72.91 P/E if the $0.20 EPS becomes a reality. During the same period in the previous year, the firm posted ($0.22) earnings per share. sell-side analysts predict that Continental Resources will post 0.33 earnings per share for the current fiscal year.

Unum Group (UNM) shares Jumped 1.22% and ended the day at $58.22. About 81,161 shares traded. Continental Resources, Inc. (NYSE:CLR) has risen 4.05% since January 12, 2017 and is uptrending. It has underperformed by 12.65% the S&P500.The move comes after 5 months negative chart setup for the $21.55 billion company.

Since December 13, 2017, it had 0 insider buys, and 1 insider sale for $958,024 activity. Shares for $958,024 were sold by MONROE MARK E on Wednesday, December 13. Its up 0.67, from 1.02 in 2017Q2. 104 funds opened positions while 328 raised stakes. Amica Mutual Company, a Rhode Island-based fund reported 45,629 shares. Fifth Third Financial Bank owns 20,489 shares for 0.01% of their portfolio. Moreover, State Of Alaska Department Of Revenue has 0.01% invested in US Ecology, Inc. (NASDAQ:COMM) for 59,800 shares. Jlb Assocs has invested 2.1% in The TJX Companies, Inc. (NYSE:TJX). Campbell Newman Asset accumulated 12,051 shares. Meiji Yasuda Asset Mgmt accumulated 0.04% or 10,604 shares. Comerica Financial Bank invested in 23,172 shares. DekaBank Deutsche Girozentrale now owns 8,269 shares of the oil and natural gas company's stock worth $278,000 after purchasing an additional 902 shares in the last quarter. (NASDAQ:COMM) for 99,316 shares. Commonwealth Retail Bank Of Aus, a Australia-based fund reported 100 shares.

Analysts await Teleflex Incorporated (NYSE:TFX) to report earnings on February, 22. During the same quarter past year, the firm earned ($0.22) earnings per share.

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