Crescent Point Energy Corp (TSE:CPG) had its price objective decreased by RBC Capital Markets from C$25.00 to C$22.00 in a report issued on Wednesday. The firm presently has a “sector perform” rating on the stock. RBC Capital Markets’ target price suggests a potential upside of 28.06% from the stock’s previous close.

A number of other research firms have also recently weighed in on CPG. Barclays PLC set a C$26.00 price target on Crescent Point Energy Corp and gave the stock an “outperform” rating in a report on Tuesday, August 30th. Desjardins restated a “buy” rating and issued a C$24.00 price target on shares of Crescent Point Energy Corp in a report on Wednesday. Royal Bank Of Canada decreased their price target on Crescent Point Energy Corp from C$25.00 to C$22.00 and set a “sector perform” rating for the company in a report on Wednesday. Scotiabank restated an “outperform” rating and issued a C$27.50 price target on shares of Crescent Point Energy Corp in a report on Wednesday. Finally, TD Securities reduced their target price on Crescent Point Energy Corp from C$30.00 to C$28.00 and set a “buy” rating for the company in a research note on Wednesday. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of C$24.36.

Crescent Point Energy Corp (TSE:CPG) opened at 17.18 on Wednesday. The firm’s market capitalization is $8.72 billion. Crescent Point Energy Corp has a 52 week low of $11.42 and a 52 week high of $24.01. The firm has a 50-day moving average of $19.69 and a 200 day moving average of $19.95.

Crescent Point Energy Corp Company Profile

Crescent Point Energy Corp. (Crescent Point) is a Canada-based oil and gas exploration, development and production company. The Company is an oil and gas producer with assets consisting of light and medium oil and natural gas reserves in Western Canada and the United States. The Company’s primary assets are the shares in Crescent Point Holdings Inc (CPHI), shares in Crescent Point U.S.

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