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California Resources

CRCNYSE
Logo brought to you by Benzinga Data
$50.56
-0.42-0.82%
At close: -
$50.56
0.000.00%
After Hours: Dec 20, 4:05 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$74.00
Lowest Price Target1
$48.00
Consensus Price Target1
$62.13

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

California Resources Corp has a consensus price target of $62.13 based on the ratings of 17 analysts. The high is $74 issued by TD Cowen on November 26, 2024. The low is $48 issued by MKM Partners on July 20, 2022. The 3 most-recent analyst ratings were released by JP Morgan, TD Cowen, and Jefferies on December 20, 2024, November 26, 2024, and October 24, 2024, respectively. With an average price target of $67 between JP Morgan, TD Cowen, and Jefferies, there's an implied 32.52% upside for California Resources Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Sep
3
1
Oct
1
Nov
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.5
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JP Morgan
TD Cowen
Jefferies
Stephens & Co.
UBS

1calculated from analyst ratings

Analyst Ratings for California Resources

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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 JP Morgan on December 20, 2024. The analyst firm set a price target for $63.00 expecting CRC to rise to within 12 months (a possible 24.60% upside). 27 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 JP Morgan, and California Resources initiated their neutral 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 December 20, 2024 so you should expect the next rating to be made available sometime around December 20, 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 initiated with a price target of $0.00 to $63.00. The current price California Resources (CRC) is trading at is $50.56, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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