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Stifel Nicolaus Begun Coverage Coverage on Centennial Resource Development (NDAQ:CDEV) Stock with $24.00 TP

Stifel Nicolaus Analyst Rating Change Centennial Resource Development NDAQ:CDEV

Centennial Resource Development (NDAQ:CDEV) Price Target & New Coverage by Stifel Nicolaus

Stifel Nicolaus analyst initiated coverage on Centennial Resource Development (NDAQ:CDEV) with a $24.00 TP and Buy rating. The TP gives a potential upside of 21.27 % from company’s close price.

CDEV Stock Chart

Centennial Resource Development (NDAQ:CDEV) Profile

Centennial Resource Development, Inc. is an independent oil and natural gas company. The Company is focused on the development of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. The Company’s assets are concentrated in the Delaware Basin, a sub-basin of the Permian Basin.

Centennial Resource Development (NDAQ:CDEV) traded down -1.35% on 14 April, hitting $19.79. A total of 1.51M shares of the company’s stock traded hands. This is down from average of 1.54M shares. Centennial Resource Development has a 52 week low of $9.65 and a 52 week high of $20.97. The company has a market cap of $3.94B and a P/E ratio of 0.

Get the latest Centennial Resource Development (NDAQ:CDEV) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.

The post Stifel Nicolaus Begun Coverage Coverage on Centennial Resource Development (NDAQ:CDEV) Stock with $24.00 TP appeared first on Octafinance.



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Stifel Nicolaus Begun Coverage Coverage on Centennial Resource Development (NDAQ:CDEV) Stock with $24.00 TP

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