In a report released yesterday, Leo Mariani from Roth MKM maintained a Hold rating on Civitas Resources, with a price target of $30.00. The company’s shares closed yesterday at $34.50.
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Mariani covers the Energy sector, focusing on stocks such as EQT, California Resources Corp, and Sable Offshore. According to TipRanks, Mariani has an average return of 26.6% and a 60.65% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Civitas Resources with a $41.91 average price target, implying a 21.48% upside from current levels. In a report released on October 7, RBC Capital also maintained a Hold rating on the stock with a $40.00 price target.
CIVI market cap is currently $3.18B and has a P/E ratio of 4.34.
Read More on CIVI:
Disclaimer & DisclosureReport an Issue
- Civitas Resources: Strategic Position and Market Dynamics Influence Hold Rating
- Civitas Resources: Hold Rating Amid Strategic Shifts and Acquisition Speculations
- Civitas Resources working with advisers to explore sale, Bloomberg reports
- Civitas Resources up 4% after Bloomberg says company considering sale
- Civitas Resources exploring potential sale, Bloomberg reports
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