Todays Report: The Barclays PLC Lowers Crescent Point Energy Corp (CPG) Price Target to C$23.00

The Barclays PLC Lowers Crescent Point Energy Corp (CPG) Price Target to C$23.00

Crescent Point Energy Corp (TSE:CPG) had its price target reduced by equities researchers at Barclays PLC from C$28.00 to C$23.00 in a research report issued to clients and investors on Tuesday. Barclays PLC’s target price would indicate a potential upside of 32.87% from the company’s previous close.

A number of other research analysts have also recently commented on the company. Dundee Securities raised their price target on Crescent Point Energy Corp from C$24.00 to C$24.50 and gave the stock a “neutral” rating in a research report on Friday, September 9th. Desjardins set a C$26.00 price target on Crescent Point Energy Corp in a research report on Tuesday, June 28th. RBC Capital Markets decreased their price target on Crescent Point Energy Corp from C$25.00 to C$22.00 and set a “sector perform” rating on the stock in a research report on Wednesday, September 21st. TD Securities decreased their price target on Crescent Point Energy Corp from C$30.00 to C$28.00 and set a “buy” rating on the stock in a research report on Wednesday, September 21st. Finally, Royal Bank Of Canada decreased their target price on Crescent Point Energy Corp from C$25.00 to C$22.00 and set a “sector perform” rating on the stock in a research report on Wednesday, September 21st. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Crescent Point Energy Corp presently has an average rating of “Buy” and an average target price of C$24.07.

Crescent Point Energy Corp (TSE:CPG) opened at 17.31 on Tuesday. Crescent Point Energy Corp has a 12 month low of $11.42 and a 12 month high of $24.01. The company’s 50-day moving average is $18.26 and its 200 day moving average is $19.89. The firm’s market cap is $8.79 billion.

Related posts

Leave a Comment