Jefferies Group Gives Hold Rating to Carrizo Oil & Gas (CRZO)

By admin | 6 years ago

Carrizo Oil & Gas (NASDAQ: CRZO)‘s stock had its “hold” rating reiterated by equities research analysts at Jefferies Group (NYSE: JEF) in a research note issued to investors on Thursday.

A number of other firms have also recently commented on CRZO. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Carrizo Oil & Gas in a research note to investors on Wednesday, April 25th. Separately, analysts at Pritchard Capital raised their price target on shares of Carrizo Oil & Gas from $32.00 to $35.00 in a research note to investors on Wednesday, April 18th. They now have a “buy” rating on the stock. Finally, analysts at BMO Capital Markets raised their EPS on shares of Carrizo Oil & Gas in a research note to investors on Tuesday, March 20th. They now have an “outperform” rating and a $40.00 price target on the stock.

Shares of Carrizo Oil & Gas opened at 29.38 on Thursday. Carrizo Oil & Gas has a one year low of $18.02 and a one year high of $44.17. The company has a market cap of $1.159 billion and a P/E ratio of 25.82.

Carrizo Oil & Gas last issued its quarterly earnings data on Tuesday, May 8th. The company reported $0.46 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.38 by $0.08. The company’s quarterly revenue was up 83.0% on a year-over-year basis. On average, analysts predict that Carrizo Oil & Gas will post $0.63 earnings per share next quarter.

Carrizo Oil & Gas, Inc. (Carrizo) is an independent energy company, together with its subsidiaries is engaged in the exploration, development, production and transportation of natural gas and oil, principally in the United States.

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