Centennial Resource Development Inc (NASDAQ:CDEV) shares traded up 2.09% during most recent session. Wall Street analysts covering the stock are projecting that the stock will reach $14.14 within the next 52-weeks. The mean target projections are based on 22 opinions. Since analyst price targets calculations are subjective, there often can be wide range of targets from various analysts.

Having a look in a broader way analysts from brokerage firms on the street with an extensive view have high price target of Centennial Resource Development Inc (NASDAQ:CDEV) at $20 and with a conformist view have low price target of $9 while the stock’s latest closing price was $10.26. This is the consensus price target based on the analysts polled by Thomson Reuters’ First Call, the average is taken from the individual analysts which provided targets and are short term projections for the 12 months.

The ABR is the calculated average of the actual recommendations (strong buy, hold, sell etc.) made by the brokerage firms for the given stock. Currently shares of Centennial Resource Development Inc (NASDAQ:CDEV) have an average brokerage recommendation (ABR) of 1.95 number of Recs in ABR is 20 however the company’s industry rank by ABR is 147 out of 25. Industries are ranked based on the average broker recommendation of each company belong to this industry. A low number means that brokers and analysts expect that the industry outperform the market.


For Centennial Resource Development Inc (NASDAQ:CDEV) out of the analyst recommendations 6 analysts recommend stock a Buy, 8 rate the stock Outperform, 9 analysts recommend to Hold the stock, 1 rate Underperform and 0 analysts recommend the stock a Sell.



Shares of Centennial Resource Development Inc (NASDAQ:CDEV) has a market capitalization of $2.69 Billion and its number of outstanding shares are 262.48 Million. During previous trade 3.07 Million shares of Centennial Resource Development Inc (NASDAQ:CDEV) exchanged hands whereas on average almost 3.62 Million shares has been traded.