In a report issued on April 25, Scott Hanold from RBC Capital maintained a Hold rating on Centennial Resource Development (CDEV – Research Report), with a price target of $11.00. The company's shares closed last Tuesday at $7.79. According to TipRanks.com, Hanold is a top 100 analyst with an average return of 23.0% and a 59.7% success rate. Hanold covers the Utilities sector, focusing on stocks such as Whiting Petroleum Corporation, California Resources Corp, and Continental Resources. Currently, the analyst consensus on Centennial Resource Development is a Moderate Buy with an average price target of $11.18, implying a 39.2% upside from current levels.
https://www.tipranks.com/news/blurbs/rbc-capital-sticks-to-their-hold-rating-for-centennial-resource-development-cdev?utm_source=advfn.com&utm_medium=referral
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