Continental Resources, Inc. (NYSE:CLR)‘s stock had its “hold” rating restated by research analysts at KeyCorp in a research note issued on Thursday.

Other equities analysts have also recently issued reports about the company. Scotiabank reaffirmed a “buy” rating and issued a $52.00 price objective on shares of Continental Resources in a research report on Friday, June 30th. Barclays PLC reaffirmed a “buy” rating and issued a $34.00 price objective on shares of Continental Resources in a research report on Friday, July 7th. Citigroup Inc. lowered their price objective on Continental Resources from $60.00 to $40.00 and set a “buy” rating on the stock in a research report on Friday, July 21st. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $46.00 price objective on shares of Continental Resources in a research report on Thursday, July 20th. Finally, Stifel Nicolaus set a $59.00 price objective on Continental Resources and gave the company a “buy” rating in a research report on Friday, August 25th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and fifteen have given a buy rating to the stock. Continental Resources currently has an average rating of “Hold” and an average target price of $46.30.

Continental Resources (NYSE CLR) traded down 1.51% on Thursday, hitting $37.07. The stock had a trading volume of 2,180,223 shares. The company’s market cap is $13.76 billion. Continental Resources has a 1-year low of $29.08 and a 1-year high of $60.30. The stock has a 50 day moving average price of $36.15 and a 200 day moving average price of $37.07.

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Large investors have recently bought and sold shares of the company. Bank of America Corp DE increased its stake in shares of Continental Resources by 86.6% in the 1st quarter. Bank of America Corp DE now owns 3,497,989 shares of the oil and natural gas company’s stock worth $158,879,000 after purchasing an additional 1,623,470 shares in the last quarter. UBS Asset Management Americas Inc. increased its stake in shares of Continental Resources by 10.6% in the 1st quarter. UBS Asset Management Americas Inc. now owns 231,214 shares of the oil and natural gas company’s stock worth $10,502,000 after purchasing an additional 22,201 shares in the last quarter. Wesbanco Bank Inc. increased its stake in shares of Continental Resources by 14.1% in the 2nd quarter. Wesbanco Bank Inc. now owns 132,764 shares of the oil and natural gas company’s stock worth $4,293,000 after purchasing an additional 16,375 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of Continental Resources by 9.4% in the 1st quarter. HighTower Advisors LLC now owns 9,077 shares of the oil and natural gas company’s stock worth $415,000 after purchasing an additional 777 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. purchased a new stake in shares of Continental Resources in the 1st quarter worth $351,000. Hedge funds and other institutional investors own 23.37% of the company’s stock.

Continental Resources Company Profile

Continental Resources, Inc is a crude oil and natural gas company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units.

Analyst Recommendations for Continental Resources (NYSE:CLR)

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