Crescent Point Energy (TSE:CPG) target price lowered to $22.00, released a report earlier today by CIBC World Markets
- Updated: September 21, 2016
Reporting as potential upside of 0.29%, CIBC World Markets dropped the price target of Crescent Point Energy (TSE:CPG) to $22.00
On 9/09/2016, Dundee Securities released a statement about Crescent Point Energy (TSE:CPG) upped the target price from $24.00 to $24.50 that suggested an upside of 0.34%.
Having a price of $17.02, Crescent Point Energy (TSE:CPG) traded 3.28% higher on the day. With the last stock price down -15.04% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. CPG has recorded a 50-day average of $19.78 and a two hundred day average of $19.99. Trade Volume was down over the average, with 2,010,517 shares of CPG changing hands under the typical 2,064,950
Recent Performance Chart
Crescent Point Energy has 52 week low of $11.42 and a 52 week high of $24.01 and has a market capitalization of $0.
A total of 18 firms have issued a report on Crescent Point Energy. Four equity analysts rating the company a strong buy, ten firms rating the stock a buy, four equity analysts rating the company a hold, 0 brokers rating the company a underperform, and finally zero brokerages rating the stock a sell with a average stock price target of $20.01.
Brief Synopsis About Crescent Point Energy (TSE:CPG)
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. Holdings Corp. (CPUSH) and indirectly, in Crescent Point Energy U.S. Corp. (CPEUS). Its crude oil and natural gas properties and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia and Manitoba and the states of North Dakota, Montana, Colorado and Utah. The Company's properties in Canada include Viewfield Bakken Resource Play, Flat Lake Torquay and Bakken Resource Plays, Shaunavon Resource Play, Swan Hills Beaverhill Lake Resource Play and Saskatchewan Viking Light Oil Resource Play. Its properties in the United States include the Utah Uinta Basin Resource Play.
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