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California Resources

CRCNYSE
Logo brought to you by Benzinga Data
$52.31
00.00%
Pre-Market: 4:53 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$69.00
Lowest Price Target1
$48.00
Consensus Price Target1
$58.67

California Resources (NYSE:CRC) Stock, Analyst Ratings, Price Targets, Forecasts

California Resources Corp has a consensus price target of $58.67 based on the ratings of 13 analysts. The high is $69 issued by Stifel on April 23, 2024. The low is $48 issued by MKM Partners on July 20, 2022. The 3 most-recent analyst ratings were released by Citigroup, B of A Securities, and RBC Capital on September 5, 2024, August 21, 2024, and August 15, 2024, respectively. With an average price target of $65 between Citigroup, B of A Securities, and RBC Capital, there's an implied 24.26% upside for California Resources Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
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0
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May
2
Jun
0
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2
1
Aug
0
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Sep
Buy
Hold
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Strong Sell
Analyst Rating and Forecast
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3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Citigroup
B of A Securities
RBC Capital
Barclays
Mizuho

1calculated from analyst ratings

Analyst Ratings for California Resources

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for California Resources (CRC) stock?

A

The latest price target for California Resources (NYSE:CRC) was reported by Citigroup on September 5, 2024. The analyst firm set a price target for $65.00 expecting CRC to rise to within 12 months (a possible 24.26% upside). 26 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for California Resources (CRC)?

A

The latest analyst rating for California Resources (NYSE:CRC) was provided by Citigroup, and California Resources maintained their buy rating.

Q

When was the last upgrade for California Resources (CRC)?

A

The last upgrade for California Resources Corp happened on August 21, 2024 when B of A Securities raised their price target to $65. B of A Securities previously had a neutral for California Resources Corp.

Q

When was the last downgrade for California Resources (CRC)?

A

The last downgrade for California Resources Corp happened on January 5, 2024 when B of A Securities changed their price target from $64 to $60 for California Resources Corp.

Q

When is the next analyst rating going to be posted or updated for California Resources (CRC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of California Resources, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for California Resources was filed on September 5, 2024 so you should expect the next rating to be made available sometime around September 5, 2025.

Q

Is the Analyst Rating California Resources (CRC) correct?

A

While ratings are subjective and will change, the latest California Resources (CRC) rating was a maintained with a price target of $63.00 to $65.00. The current price California Resources (CRC) is trading at is $52.31, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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