Analyst Activity – Johnson Rice Initiates Coverage On Centennial Resource Development (NASDAQ:CDEV) With a Buy

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Analyst Ratings For Centennial Resource Development (NASDAQ:CDEV)

Today, Johnson Rice initiated coverage on Centennial Resource Development (NASDAQ:CDEV) with a Buy with a price target of $25.00.

Some recent analyst ratings include

  • 3/21/2018-Johnson Rice initiated coverage with a Buy rating.
  • 3/13/2018-BMO Capital Markets Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
  • 2/28/2018-Imperial Capital Reiterated Rating of Outperform .
  • 2/16/2018-Royal Bank of Canada initiated coverage with a Outperform rating.
  • 2/1/2018-Deutsche Bank initiated coverage with a Buy rating.

Recent Insider Trading Activity For Centennial Resource Development (NASDAQ:CDEV)
Centennial Resource Development (NASDAQ:CDEV) has insider ownership of 44.70% and institutional ownership of 91.17%.

  • On 3/8/2018 Us Centennial Holdings Ll Rel, Director, sold 21,505,417 with an average share price of $19.50 per share and the total transaction amounting to $419,355,631.50.
  • On 6/6/2017 George S Glyphis, CFO, bought 10,000 with an average share price of $15.02 per share and the total transaction amounting to $150,200.00.
  • On 6/5/2017 Sean R Smith, COO, bought 10,000 with an average share price of $15.05 per share and the total transaction amounting to $150,500.00.

Recent Trading Activity for Centennial Resource Development (NASDAQ:CDEV)
Shares of Centennial Resource Development closed the previous trading session at with 125083 shares trading hands.