Carrizo Oil & Gas Inc (CRZO) Receives New Coverage from Analysts at Williams Capital

Research analysts at Williams Capital assumed coverage on shares of Carrizo Oil & Gas Inc (NDAQ:CRZO) in a research report issued to clients and investors on Monday, reports. The firm set a “buy” rating and a $44.00 price target on the stock.

Separately, FBR & Co cut their target price on Carrizo Oil & Gas from $47.00 to $42.00 and set an “outperform” rating on the stock in a research note on Friday, February 24th.

Shares of Carrizo Oil & Gas (NDAQ:CRZO) traded down 2.22% during mid-day trading on Monday, hitting $27.80. The company’s stock had a trading volume of 123,176 shares. The stock’s 50 day moving average price is $32.30 and its 200 day moving average price is $36.49. Carrizo Oil & Gas has a 52-week low of $26.50 and a 52-week high of $43.96. The company’s market cap is $1.81 billion.

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About Carrizo Oil & Gas

Carrizo Oil & Gas, Inc is an energy company. The Company is engaged in the exploration, development and production of oil and gas from resource plays located in the United States. Its operations are focused in proven, producing oil and gas plays in the Eagle Ford Shale in South Texas, the Delaware Basin in West Texas, the Utica Shale in Ohio, the Niobrara Formation in Colorado, and the Marcellus Shale in Pennsylvania.

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