Brokerage Firm Rating on Carrizo Oil & Gas (CRZO)

Carrizo Oil & Gas (CRZO) has an average broker rating of 1.24, which is interpreted as a Strong Buy, as rated by 21 equity analysts. Nonetheless, 17 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.

Carrizo Oil & Gas (CRZO) : The most positive equity analysts on Carrizo Oil & Gas (CRZO) expects the shares to touch $55, whereas, the least positive believes that the stock will trade at $39 in the short term. The company is covered by 21 Wall Street Brokerage Firms. The average price target for shares are $43.86 with an expected fluctuation of $4.09 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Carrizo Oil & Gas (NASDAQ:CRZO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $35.46 and $35.17 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.29, notching a gain of 3.98% for the day. The total traded volume was 885,296 . The stock had closed at $34.90 on the previous day.

In a related news, The director, of Carrizo Oil & Gas Inc, Ramsey Roger A had unloaded 1,000 shares at $35.54 per share in a transaction on July 5, 2016. The total value of transaction was $35,540. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Carrizo Oil & Gas, Inc. (Carrizo) is an energy company. The Company is engaged in the exploration, development and production of oil and gas from resource plays located in the United States. Its operations are focused in proven, producing oil and gas plays in the Eagle Ford Shale in South Texas, the Utica Shale in Ohio, the Niobrara Formation in Colorado and the Marcellus Shale in Pennsylvania. The Companys core Eagle Ford properties are located in LaSalle County in McMullen, Frio and Atascosa counties in Texas. It has joint venture arrangements with GAIL GLOBAL (USA) INC. (GAIL), which is a wholly owned subsidiary of GAIL (India) Limited. The Company serves as an operator of the properties covered by its Niobrara joint venture arrangements. The Companys activities in the Marcellus are conducted through two joint ventures.

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