Crescent Point Energy Corp (CPG) Price Target Cut to C$25.00 by Analysts at Raymond James Financial Inc.
Other analysts also recently issued research reports about the company. AltaCorp Capital lifted their target price on Crescent Point Energy Corp from C$25.00 to C$26.00 in a research note on Friday, August 12th. Desjardins set a C$26.00 target price on Crescent Point Energy Corp in a research note on Tuesday, June 28th. Barclays PLC cut their target price on Crescent Point Energy Corp from C$28.00 to C$23.00 in a research note on Tuesday. TD Securities raised Crescent Point Energy Corp from a buy rating to an action list buy rating and lifted their target price for the company from C$27.00 to C$31.00 in a research note on Thursday, June 30th. Finally, Dundee Securities lifted their target price on Crescent Point Energy Corp from C$24.00 to C$24.50 and gave the company a neutral rating in a research note on Friday, September 9th. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The company presently has a consensus rating of Buy and an average target price of C$24.07.
Shares of Crescent Point Energy Corp (TSE:CPG) opened at 17.31 on Wednesday. Crescent Point Energy Corp has a 12 month low of $11.42 and a 12 month high of $24.01. The stock has a 50 day moving average price of $18.26 and a 200 day moving average price of $19.89. The stock’s market capitalization is $8.79 billion.
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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