Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
California Resources Corp has a consensus price target of $61.21 based on the ratings of 15 analysts. The high is $73 issued by Stephens & Co. on October 22, 2024. The low is $48 issued by MKM Partners on July 20, 2022. The 3 most-recent analyst ratings were released by Jefferies, Stephens & Co., and UBS on October 24, 2024, October 22, 2024, and October 16, 2024, respectively. With an average price target of $68.33 between Jefferies, Stephens & Co., and UBS, there's an implied 15.37% upside for California Resources Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for California Resources (NYSE:CRC) was reported by Jefferies on October 24, 2024. The analyst firm set a price target for $64.00 expecting CRC to rise to within 12 months (a possible 8.05% upside). 27 analyst firms have reported ratings in the last year.
The latest analyst rating for California Resources (NYSE:CRC) was provided by Jefferies, and California Resources initiated their buy rating.
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.
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 October 24, 2024 so you should expect the next rating to be made available sometime around October 24, 2025.
While ratings are subjective and will change, the latest California Resources (CRC) rating was a initiated with a price target of $0.00 to $64.00. The current price California Resources (CRC) is trading at is $59.23, which is within the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.