Williams Capital Keeps a Buy Rating on Carrizo Oil & Gas (CRZO)

By Austin Angelo

In a report issued on July 17, Gabriele Sorbara from Williams Capital maintained a Buy rating on Carrizo Oil & Gas (CRZOResearch Report), with a price target of $14. The company’s shares closed on Friday at $9.45, close to its 52-week low of $8.64.

According to TipRanks.com, Sorbara has currently no stars on a ranking scale of 0-5 stars, with an average return of -13.9% and a 29.2% success rate. Sorbara covers the Basic Materials sector, focusing on stocks such as Jagged Peak Energy Inc, Gulfport Energy Corp, and Extraction Oil & Gas.

Carrizo Oil & Gas has an analyst consensus of Hold, with a price target consensus of $12.90.

See today’s analyst top recommended stocks >>

Carrizo Oil & Gas’ market cap is currently $874.2M and has a P/E ratio of 1.70. The company has a Price to Book ratio of 0.77.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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 Alan Webster in December 1993 and is headquartered in Houston, TX.