Log in

Centennial Resource Development Price Target, Predictions & Analyst Ratings

-0.02 (-3.35 %)
(As of 09/25/2020 12:00 AM ET)
Today's Range
Now: $0.58
50-Day Range
MA: $0.73
52-Week Range
Now: $0.58
Volume3.31 million shs
Average Volume12.80 million shs
Market Capitalization$160.70 million
P/E RatioN/A
Dividend YieldN/A

Analyst Ratings

Centennial Resource Development (NASDAQ:CDEV) Price Target and Consensus Rating

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
16 Wall Street analysts have issued ratings and price targets for Centennial Resource Development in the last 12 months. Their average twelve-month price target is $2.15, predicting that the stock has a possible upside of 272.36%. The high price target for CDEV is $5.00 and the low price target for CDEV is $0.80. There are currently 9 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
Today30 Days Ago90 Days Ago180 Days Ago
CDEV Consensus Rating: HoldHoldHoldHold
CDEV Consensus Rating Score: 1.561.631.741.82
CDEV Analyst Ratings: 9 Sell Rating(s)
5 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
8 Sell Rating(s)
6 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
8 Sell Rating(s)
8 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
6 Sell Rating(s)
8 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
CDEV Consensus Price Target: $2.15$2.64$3.75$4.83
CDEV Price Target Upside: 272.36% upside189.62% upside282.69% upside748.10% upside

Centennial Resource Development (NASDAQ:CDEV) Consensus Price Target History

Average Share Price and Price Target by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Centennial Resource Development (NASDAQ:CDEV) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/14/2020Wells Fargo & CompanyDowngradeEqual Weight ➝ Underweight$1.00 ➝ $1.25High
8/6/2020Royal Bank of CanadaReiterated RatingHold$1.50Low
8/5/2020TD SecuritiesLower Price TargetReduce$0.95 ➝ $0.80Low
7/13/2020ScotiabankBoost Price TargetSector Underperform$0.80Medium
6/11/2020KeyCorpReiterated RatingBuy$1.00 ➝ $2.00High
4/29/2020SunTrust BanksUpgradeSell ➝ HoldHigh
4/24/2020US Capital AdvisorsDowngradeBuy ➝ HoldHigh
4/2/2020Wolfe ResearchDowngradeUnderperformHigh
3/24/2020BarclaysDowngradeEqual Weight ➝ UnderweightHigh
3/19/2020Credit Suisse GroupReiterated RatingNeutralHigh
3/11/2020CowenDowngradeMarket Perform ➝ UnderperformHigh
3/9/2020Piper SandlerDowngradeNeutral ➝ UnderweightHigh
3/3/2020Bank of AmericaDowngradeNeutral ➝ UnderperformHigh
2/26/2020MKM PartnersLower Price TargetBuy$5.00 ➝ $4.00Low
10/10/2019Seaport Global SecuritiesDowngradeBuy ➝ NeutralHigh
8/21/2019GuggenheimSet Price TargetBuy$7.00N/A
8/16/2019Piper Jaffray CompaniesSet Price TargetHold$6.00High
7/15/2019Jefferies Financial GroupDowngradeBuy ➝ HoldHigh
6/7/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$11.00 ➝ $10.00Medium
3/22/2019Johnson RiceDowngradeBuy ➝ AccumulateHigh
2/26/2019BMO Capital MarketsDowngradeOutperform ➝ Market Perform$20.00 ➝ $10.00High
2/3/2019Ifs SecuritiesReiterated RatingStrong-BuyHigh
12/20/2018MacquarieInitiated CoverageOutperform ➝ OutperformHigh
12/14/2018Tudor PickeringDowngradeBuy ➝ HoldHigh
8/20/2018KLR GroupReiterated RatingBuy$29.00Low
7/11/2018Susquehanna BancsharesInitiated CoverageNeutral$21.00Medium
6/2/2018National Alliance SecuritiesReiterated RatingHoldHigh
3/28/2018Stifel NicolausSet Price TargetBuy$28.00High
3/7/2018UBS GroupInitiated CoverageBuy$24.00High
2/28/2018Imperial CapitalReiterated RatingOutperform ➝ Outperform$26.00 ➝ $31.00Medium
2/13/2018CitigroupLower Price TargetBuy ➝ Buy$25.00 ➝ $23.00Low
2/1/2018Deutsche BankInitiated CoverageBuy ➝ Buy$26.00High
(Data available from 9/26/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)
This page was last updated on 9/26/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.