
What Are Wall Street’s Targets for WTI, CRC, DNR, WLL, and OAS?
By Nicholas ChapmanUpdated
Analysts’ recommendations
To conclude our overview of the biggest movers in the upstream and oilfield services sector, we’ll discuss Wall Street analysts’ recommendations for the companies with the strongest gains in 2018.
Recommendations for W&T Offshore
As of May 22, Reuters reported three analysts covering W&T Offshore (WTI). Of these, one analyst has a “hold” recommendation, one analyst has a “sell” recommendation, while one analyst has a “strong sell” recommendation on WTI. There aren’t any “strong buy” or “buy” ratings on the stock. The median price target for WTI is $6.00, which is ~28% lower than the May 22 closing price of $8.34.
Recommendations for California Resources
As of May 22, Reuters reported seven analysts having recommendations on California Resources (CRC). Of these, one analyst has a “strong buy” recommendation, one analyst has a “buy” recommendation, while five analysts have “hold” recommendations on CRC. There aren’t any “sell” or “strong sell” ratings on the stock. The median price target for CRC is $34.50, which is ~10% lower than the May 22 closing price of $38.14.