BMO Capital Believes Carrizo Oil & Gas (NASDAQ: CRZO) Won’t Stop Here

By Jason Carr

BMO Capital analyst Randy Ollenberger maintained a Buy rating on Carrizo Oil & Gas (NASDAQ: CRZO) yesterday and set a price target of $33. The company’s shares closed yesterday at $27.91, close to its 52-week high of $28.72.

Ollenberger has an average return of 25.6% when recommending Carrizo Oil & Gas.

According to TipRanks.com, Ollenberger is ranked #1908 out of 4830 analysts.

Carrizo Oil & Gas has an analyst consensus of Moderate Buy, with a price target consensus of $29.13.

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Carrizo Oil & Gas’ market cap is currently $2.29B and has a P/E ratio of 34.46. The company has a Price to Book ratio of 5.85.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock.

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Carrizo Oil & Gas, Inc. engages in the exploration, development, and production of natural gas and oil. Its operations include Delaware Basin and Eagle Ford Shale. The company was founded by Sylvester P. Johnson IV and Steven A. Webster in December 1993 and is headquartered in Houston, TX.