Todays Report: The Crescent Point Energy Corp (CPG) Price Target Lowered to C$25.00 at Raymond James Financial Inc.

The Crescent Point Energy Corp (CPG) Price Target Lowered to C$25.00 at Raymond James Financial Inc.

Crescent Point Energy Corp (TSE:CPG) had its price target reduced by Raymond James Financial Inc. from C$26.00 to C$25.00 in a report published on Wednesday.

Several other analysts have also commented on CPG. Desjardins set a C$26.00 target price on shares of Crescent Point Energy Corp in a research note on Tuesday, June 28th. TD Securities raised shares of Crescent Point Energy Corp from a buy rating to an action list buy rating and increased their target price for the company from C$27.00 to C$31.00 in a research note on Thursday, June 30th. Barclays PLC increased their target price on shares of Crescent Point Energy Corp from C$23.00 to C$28.00 and gave the company an overweight rating in a research note on Friday, July 22nd. AltaCorp Capital increased their target price on shares of Crescent Point Energy Corp from C$25.00 to C$26.00 in a research note on Friday, August 12th. Finally, Dundee Securities increased their target price on shares of 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 equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Crescent Point Energy Corp currently has an average rating of Buy and an average price target of C$24.07.

Crescent Point Energy Corp (TSE:CPG) opened at 17.04 on Wednesday. The firm’s market cap is $8.65 billion. The firm has a 50 day moving average of $17.96 and a 200-day moving average of $19.89. Crescent Point Energy Corp has a one year low of $11.42 and a one year high of $24.01.

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