Crescent Point Energy Corp (TSE:CPG)‘s stock had its “outperform” rating reissued by equities researchers at National Bank Financial in a research note issued on Friday. They currently have a C$23.00 price objective on the stock. National Bank Financial’s price objective suggests a potential upside of 49.16% from the stock’s previous close.

Several other equities research analysts have also commented on the company. Royal Bank Of Canada cut their target price on Crescent Point Energy Corp from C$22.00 to C$20.00 and set a “sector perform” rating on the stock in a research report on Friday. CSFB cut their target price on Crescent Point Energy Corp from C$23.00 to C$20.00 in a research report on Monday, October 24th. Raymond James Financial Inc. cut their target price on Crescent Point Energy Corp from C$26.00 to C$25.00 in a research report on Wednesday, October 12th. Barclays PLC cut their target price on Crescent Point Energy Corp from C$28.00 to C$23.00 in a research report on Tuesday, October 11th. Finally, RBC Capital Markets 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. Four equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock has an average rating of “Buy” and an average 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 firm’s market capitalization is $7.88 billion. The company’s 50 day moving average price is $16.74 and its 200-day moving average price is $19.39. Crescent Point Energy Corp has a 12-month low of $11.42 and a 12-month high of $24.01.

Crescent Point Energy Corp Company Profile

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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