Crescent Point Energy Corp (TSE:CPG)‘s stock had its “outperform” rating reissued by equities researchers at Scotiabank in a research note issued on Wednesday. They presently have a C$27.50 price objective on the stock. Scotiabank’s target price points to a potential upside of 60.07% from the company’s current price.

A number of other equities analysts also recently commented on CPG. Desjardins restated a “buy” rating and set a C$24.00 price objective on shares of Crescent Point Energy Corp in a research report on Wednesday. TD Securities downgraded shares of Crescent Point Energy Corp from an “action list buy” rating to a “buy” rating and cut their price objective for the stock from C$31.00 to C$30.00 in a research report on Friday, August 12th. FirstEnergy Capital cut their price objective on shares of Crescent Point Energy Corp from C$29.00 to C$25.00 and set an “outperform” rating for the company in a research report on Wednesday. AltaCorp Capital upped their price objective on shares of Crescent Point Energy Corp from C$25.00 to C$26.00 in a research report on Friday, August 12th. Finally, CIBC cut their price objective on shares of Crescent Point Energy Corp from C$26.00 to C$22.00 and set a “sector outperform” rating for the company in a research report on Wednesday. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Crescent Point Energy Corp currently has a consensus rating of “Buy” and an average target price of C$24.36.

Crescent Point Energy Corp (TSE:CPG) opened at 17.18 on Wednesday. The stock’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’s 50-day moving average is $19.69 and its 200-day moving average is $19.95.

About Crescent Point Energy Corp

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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