Crescent Point Energy Corp (TSE:CPG) had its target price decreased by research analysts at Barclays PLC from C$23.00 to C$22.00 in a research report issued on Friday. The firm currently has an “overweight” rating on the stock. Barclays PLC’s price target points to a potential upside of 42.67% from the stock’s current price.

Several other research firms also recently weighed in on CPG. Desjardins reissued a “buy” rating and set a C$24.00 target price on shares of Crescent Point Energy Corp in a research report on Wednesday, September 21st. Royal Bank Of Canada cut 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. Scotiabank reissued an “outperform” rating and set a C$27.50 target price on shares of Crescent Point Energy Corp in a research report on Wednesday, September 21st. TD Securities cut their target price 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, FirstEnergy Capital cut their target price on Crescent Point Energy Corp from C$29.00 to C$25.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 21st. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of C$23.13.

Analyst Recommendations for Crescent Point Energy Corp (TSE:CPG)

Crescent Point Energy Corp (TSE:CPG) opened at 15.42 on Friday. Crescent Point Energy Corp has a 12-month low of $11.42 and a 12-month high of $24.01. The firm has a 50-day moving average price of $16.74 and a 200-day moving average price of $19.39. The company’s market cap is $7.88 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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