Crescent Point Energy Corp (TSE:CPG) has received an average rating of “Buy” from the fifteen analysts that are covering the firm. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is C$23.80.

CPG has been the subject of a number of research reports. TD Securities cut Crescent Point Energy Corp from an “action list buy” rating to a “buy” rating and lowered their target price for the stock from C$31.00 to C$30.00 in a report on Friday, August 12th. AltaCorp Capital increased their target price on Crescent Point Energy Corp from C$25.00 to C$26.00 in a report on Friday, August 12th. CIBC lowered their target price on Crescent Point Energy Corp from C$26.00 to C$22.00 and set a “sector outperform” rating for the company in a report on Wednesday, September 21st. RBC Capital Markets lowered their target price on Crescent Point Energy Corp from C$25.00 to C$22.00 and set a “sector perform” rating for the company in a report on Wednesday, September 21st. Finally, Royal Bank Of Canada lowered their target price on Crescent Point Energy Corp from C$25.00 to C$22.00 and set a “sector perform” rating for the company in a report on Wednesday, September 21st.

Shares of Crescent Point Energy Corp (TSE:CPG) opened at 14.71 on Tuesday. Crescent Point Energy Corp has a 12 month low of $11.42 and a 12 month high of $24.01. The firm’s market cap is $7.47 billion. The firm has a 50 day moving average price of $16.85 and a 200-day moving average price of $19.51.

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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