News coverage about Continental Resources (NYSE:CLR) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Continental Resources earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news coverage about the oil and natural gas company an impact score of 46.4899703930359 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the media stories that may have effected Accern Sentiment’s scoring:

Shares of Continental Resources (NYSE CLR) traded up 0.52% during trading on Thursday, reaching $34.49. The company’s stock had a trading volume of 5,822,877 shares. The company has a 50 day moving average of $32.22 and a 200 day moving average of $40.39. The company’s market cap is $12.89 billion. Continental Resources has a 12-month low of $29.08 and a 12-month high of $60.30.

CLR has been the topic of a number of recent research reports. Stifel Nicolaus reaffirmed a “buy” rating and set a $61.00 price target on shares of Continental Resources in a research report on Wednesday, April 12th. Barclays PLC reaffirmed a “buy” rating and set a $53.00 price target (down previously from $58.00) on shares of Continental Resources in a research report on Thursday, April 20th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $63.00 price target on shares of Continental Resources in a research report on Tuesday, April 25th. FBR & Co dropped their price target on Continental Resources from $56.00 to $46.00 and set a “mkt perform” rating on the stock in a research report on Monday, May 1st. Finally, Credit Suisse Group raised Continental Resources from a “neutral” rating to an “outperform” rating and upped their price target for the company from $40.00 to $57.00 in a research report on Friday, May 5th. They noted that the move was a valuation call. Three analysts have rated the stock with a sell rating, six have issued a hold rating and sixteen have issued a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $50.26.

ILLEGAL ACTIVITY NOTICE: This news story was first posted by Watch List News and is the sole property of of Watch List News. If you are viewing this news story on another website, it was copied illegally and reposted in violation of US & international trademark and copyright law. The correct version of this news story can be accessed at https://www.watchlistnews.com/continental-resources-clr-receives-daily-news-sentiment-rating-of-0-12/1471391.html.

In other Continental Resources news, CEO Harold Hamm acquired 36,452 shares of the stock in a transaction dated Wednesday, May 24th. The shares were acquired at an average cost of $42.05 per share, for a total transaction of $1,532,806.60. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 76.97% of the stock is owned by insiders.

About Continental Resources

Continental Resources, Inc is a crude oil and natural gas company with properties in the North, South and East regions of the United States. The North region consists of properties north of Kansas and west of the Mississippi River and includes North Dakota Bakken, Montana Bakken and the Red River units.

Insider Buying and Selling by Quarter for Continental Resources (NYSE:CLR)

Receive News & Ratings for Continental Resources Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Continental Resources Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.