Crescent Point Energy Corp (TSE:CPG) had its price objective reduced by TD Securities from C$27.00 to C$25.00 in a research note issued to investors on Friday. The brokerage currently has a “buy” rating on the stock. TD Securities’ price objective suggests a potential upside of 62.13% from the company’s current price.

Several other equities research analysts have also recently weighed in on CPG. Barclays PLC upped their target price on Crescent Point Energy Corp from C$23.00 to C$28.00 and gave the stock an “overweight” rating in a report on Friday, July 22nd. AltaCorp Capital upped their price objective on Crescent Point Energy Corp from C$25.00 to C$26.00 in a research note on Friday, August 12th. Dundee Securities upped their price objective on Crescent Point Energy Corp from C$24.00 to C$24.50 and gave the stock a “neutral” rating in a research note on Friday, September 9th. Royal Bank Of Canada decreased their price objective on Crescent Point Energy Corp from C$25.00 to C$22.00 and set a “sector perform” rating for the company in a research note on Wednesday, September 21st. Finally, CIBC decreased their price objective on Crescent Point Energy Corp from C$26.00 to C$22.00 and set a “sector outperform” rating for the company in a research note on Wednesday, September 21st. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target 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. The stock’s market capitalization is $7.88 billion. 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.

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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