California Resources Corporatio found using ticker (CRC) have now 7 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 90 and 50 with the average target price sitting at 61.86. With the stocks previous close at 43.97 this indicates there is a potential upside of 40.7%. The 50 day MA is 42.84 and the 200 moving average now moves to 43.35. The market capitalisation for the company is $3,143m. Company Website: https://www.crc.com
The potential market cap would be $4,422m based on the market concensus.
California Resources Corporation operates as an independent oil and natural gas exploration and production company in the United States. The company explores, produces, and markets crude oil, natural gas, and natural gas liquids for marketers, California refineries, and other purchasers that have access to transportation and storage facilities. It also engages in the generation and sale of electricity to the local utility and the grid. The company was incorporated in 2014 and is based in Long Beach, California.
