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NYSE: CRC
California Resources Corp Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for CRC

Based on 4 analysts offering 12 month price targets for California Resources Corp.
Min Forecast
$63.00+11.78%
Avg Forecast
$66.50+17.99%
Max Forecast
$70.00+24.2%

Should I buy or sell CRC stock?

Based on 4 analysts offering ratings for California Resources Corp.
Strong Buy
Strong Buy
4 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their CRC stock forecasts and price targets.

CRC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Mizuho
Top 1%
100
Strong BuyMaintains$70.00+24.20%2023-09-18Find out why
Stifel Nicolaus
Top 13%
88
Strong BuyMaintains$68.00+20.65%2023-08-21Find out why
Citigroup
Top 6%
95
Strong BuyMaintains$65.00+15.33%2023-08-14Find out why
Bank of America
Top 40%
61
Strong BuyMaintains$63.00+11.78%2023-08-01

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Forecast return on equity

Is CRC forecast to generate an efficient return?
Company
29.87%
Industry
42.87%
Market
33.63%
CRC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CRC forecast to generate an efficient return on assets?
Company
16.16%
Industry
18.48%
CRC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CRC vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
CRC$56.36$66.50+17.99%Strong Buy
BSM$17.31$18.50+6.87%Buy
STR$24.60$31.33+27.37%Strong Buy
NOG$39.17$50.63+29.24%Strong Buy
ERF$16.86$21.00+24.56%Buy
View Top Oil and Gas Stocks

California Resources Stock Forecast FAQ

Is California Resources Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: CRC) stock is to Strong Buy CRC stock.

Out of 4 analysts, 4 (100%) are recommending CRC as a Strong Buy, 0 (0%) are recommending CRC as a Buy, 0 (0%) are recommending CRC as a Hold, 0 (0%) are recommending CRC as a Sell, and 0 (0%) are recommending CRC as a Strong Sell.

If you're new to stock investing, here's how to buy California Resources stock.

What is CRC's forecast return on equity (ROE) for 2023-2023?

(NYSE: CRC) forecast ROE is 29.87%, which is considered strong.

What is CRC's Price Target?

According to 4 Wall Street analysts that have issued a 1 year CRC price target, the average CRC price target is $66.50, with the highest CRC stock price forecast at $70.00 and the lowest CRC stock price forecast at $63.00.

On average, Wall Street analysts predict that California Resources's share price could reach $66.50 by Sep 18, 2024. The average California Resources stock price prediction forecasts a potential upside of 17.99% from the current CRC share price of $56.36.

What is CRC's forecast return on assets (ROA) for 2023-2023?

(NYSE: CRC) forecast ROA is 16.16%, which is lower than the forecast US Oil & Gas E&P industry average of 18.48%.
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