California Resources Corp has a consensus price target of $53.86, established from looking at the 48 latest analyst ratings. The last 3 analyst ratings were released from Stifel, Barclays, and Mizuho on April 23, 2024, April 10, 2024, and March 22, 2024. With an average price target of $64.67 between Stifel, Barclays, and Mizuho, there's an implied 16.41% upside for California Resources Corp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
04/23/2024 | CRC | Buy Now | California Resources | $55.55 | 24.21% | Stifel | Derrick Whitfield | $68 → $69 | Maintains | Buy | Get Alert |
04/10/2024 | CRC | Buy Now | California Resources | $55.55 | 11.61% | Barclays | Betty Jiang | → $62 | Initiates | → Equal-Weight | Get Alert |
03/22/2024 | CRC | Buy Now | California Resources | $55.55 | 13.41% | Mizuho | Nitin Kumar | $69 → $63 | Maintains | Buy | Get Alert |
03/22/2024 | CRC | Buy Now | California Resources | $55.55 | 22.41% | Stifel | Derrick Whitfield | $72 → $68 | Maintains | Buy | Get Alert |
03/11/2024 | CRC | Buy Now | California Resources | $55.55 | 0.81% | Roth MKM | Leo Mariani | — | Maintains | Buy | Get Alert |
03/08/2024 | CRC | Buy Now | California Resources | $55.55 | 17.01% | RBC Capital | Scott Hanold | $70 → $65 | Maintains | Outperform | Get Alert |
03/06/2024 | CRC | Buy Now | California Resources | $55.55 | 26.01% | RBC Capital | Scott Hanold | → $70 | Reiterates | Outperform → Outperform | Get Alert |
02/12/2024 | CRC | Buy Now | California Resources | $55.55 | 29.61% | Stifel | Derrick Whitfield | $68 → $72 | Maintains | Buy | Get Alert |
02/08/2024 | CRC | Buy Now | California Resources | $55.55 | 24.21% | Mizuho | Nitin Kumar | $63 → $69 | Maintains | Buy | Get Alert |
02/08/2024 | CRC | Buy Now | California Resources | $55.55 | 26.01% | RBC Capital | Scott Hanold | $65 → $70 | Maintains | Outperform | Get Alert |
01/23/2024 | CRC | Buy Now | California Resources | $55.55 | 22.41% | Stifel | Derrick Whitfield | $67 → $68 | Maintains | Buy | Get Alert |
01/05/2024 | CRC | Buy Now | California Resources | $55.55 | 8.01% | B of A Securities | Kalei Akamine | $64 → $60 | Downgrade | Buy → Neutral | Get Alert |
12/19/2023 | CRC | Buy Now | California Resources | $55.55 | 8.01% | RBC Capital | Scott Hanold | → $60 | Reiterates | Outperform → Outperform | Get Alert |
12/01/2023 | CRC | Buy Now | California Resources | $55.55 | 8.01% | RBC Capital | Scott Hanold | → $60 | Reiterates | Outperform → Outperform | Get Alert |
09/29/2023 | CRC | Buy Now | California Resources | $55.55 | 26.01% | Mizuho | Nitin Kumar | → $70 | Reiterates | Buy → Buy | Get Alert |
09/25/2023 | CRC | Buy Now | California Resources | $55.55 | 26.01% | Mizuho | Nitin Kumar | → $70 | Reiterates | Buy → Buy | Get Alert |
09/21/2023 | CRC | Buy Now | California Resources | $55.55 | 0.81% | Roth MKM | Leo Mariani | → $56 | Reiterates | Buy → Buy | Get Alert |
09/18/2023 | CRC | Buy Now | California Resources | $55.55 | 26.01% | Mizuho | Nitin Kumar | $66 → $70 | Maintains | Buy | Get Alert |
08/23/2023 | CRC | Buy Now | California Resources | $55.55 | — | Pickering Energy Partners | Fernando Zavala | — | Initiates | → Outperform | Get Alert |
The latest price target for California Resources (NYSE: CRC) was reported by Stifel on April 23, 2024. The analyst firm set a price target for $69.00 expecting CRC to rise to within 12 months (a possible 25.68% upside). 27 analyst firms have reported ratings in the last year.
The latest analyst rating for California Resources (NYSE: CRC) was provided by Stifel, and California Resources maintained their buy rating.
The last upgrade for California Resources Corp happened on February 27, 2023 when B of A Securities raised their price target to $60. B of A Securities previously had a neutral for California Resources Corp.
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.
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 April 23, 2024 so you should expect the next rating to be made available sometime around April 23, 2025.
While ratings are subjective and will change, the latest California Resources (CRC) rating was a maintained with a price target of $68.00 to $69.00. The current price California Resources (CRC) is trading at is $54.90, which is out of the analyst’s predicted range.
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