Zacks Rating on Carrizo Oil & Gas (CRZO)

Carrizo Oil & Gas (CRZO) : 14 brokerage houses believe that Carrizo Oil & Gas (CRZO) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Carrizo Oil & Gas (CRZO). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 18 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.28.

Carrizo Oil & Gas (CRZO) : Average target price received by Carrizo Oil & Gas (CRZO) is $44.89 with an expected standard deviation of $4.56. The most aggressive target on the stock is $58, whereas the most downbeat target is $40. 18 financial analysts are currently covering the stock.


Carrizo Oil & Gas Inc. has dropped 3.73% in the last five trading days, however, the shares have posted positive gains of 9.52% in the last 4 weeks. Carrizo Oil & Gas Inc. has dropped 2.77% during the last 3-month period . Year-to-Date the stock performance stands at 22.11%. Carrizo Oil & Gas (NASDAQ:CRZO): stock turned positive on Tuesday. Though the stock opened at $35.72, the bulls momentum made the stock top out at $36.8 level for the day. The stock recorded a low of $35.4916 and closed the trading day at $36.12, in the green by 0.56%. The total traded volume for the day was 1,482,401. The stock had closed at $35.92 in the previous days trading.

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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