In a report released on October 23, Neal Dingmann from Truist Financial maintained a Buy rating on Crescent Energy Company Class A (CRGY – Research Report), with a price target of $21.00. The company’s shares closed yesterday at $12.33.
According to TipRanks, Dingmann is a top 25 analyst with an average return of 31.3% and a 77.96% success rate. Dingmann covers the Energy sector, focusing on stocks such as APA, Civitas Resources, and Permian Resources.
Currently, the analyst consensus on Crescent Energy Company Class A is a Moderate Buy with an average price target of $17.80, representing a 44.36% upside. In a report released on October 19, Wells Fargo also maintained a Buy rating on the stock with a $19.00 price target.
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The company has a one-year high of $14.41 and a one-year low of $9.09. Currently, Crescent Energy Company Class A has an average volume of 847.7K.
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CRGY in relation to earlier this year.
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Crescent Energy Company Class A (CRGY) Company Description:
Crescent Energy Co is a diversified, well capitalized, U.S. independent energy company with a portfolio of assets in key proven basins across the lower 48 states.
Read More on CRGY:
- Permian, Magnolia could be acquisition targets in energy space, Truist says
- Crescent Energy price target raised to $13 from $12 at BofA
- Crescent Energy initiated with an Overweight at Stephens
- Crescent Energy price target raised to $19 from $18 at Mizuho
- Crescent Energy 11M share Spot Secondary priced at $12.25
