Stephens Analysts Begin Coverage on Crimson Exploration (CXPO)
CXPO has been the subject of a number of other recent research reports. Analysts at MLV & Co initiated coverage on shares of Crimson Exploration in a research note to investors on Wednesday, April 4th. They set a “buy” rating and a $5.50 price target on the stock. Analysts at Barclays Capital (NYSE: BCS) reiterated an “overweight” rating on shares of Crimson Exploration in a research note to investors on Monday, April 2nd.
Shares of Crimson Exploration traded down 2.63% during mid-day trading on Tuesday, hitting $4.08. Crimson Exploration has a 52 week low of $2.00 and a 52 week high of $5.34. The company’s market cap is $179.4 million.
Crimson Exploration Inc. is an independent energy company engaged in the acquisition, exploitation, exploration and development of oil and natural gas properties, primarily in the United States Gulf Coast and South Texas regions.