Crescent Point Energy Corporation (CPG) Receives Analyst Rating

Crescent Point Energy Corporation (CPG) : 2 brokerage houses believe that Crescent Point Energy Corporation (CPG) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Crescent Point Energy Corporation (CPG). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 5 Wall Street Analysts endorse the stock as a Buy with a rating of 1.8.

Crescent Point Energy Corporation (CPG) : The highest short term price target forecast on Crescent Point Energy Corporation (CPG) is $23 and the lowest target price is $13. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $18.96 with a standard deviation of $3.55.


Also, Equity Analysts at the Brokerage Firm, Dundee, downgrades their rating on the shares of Crescent Point Energy Corporation (NYSE:CPG). Dundee has a Neutral rating on the shares. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on September 9, 2016.

Crescent Point Energy Corporation (NYSE:CPG): After opening at $13.03, the stock dipped to an intraday low of $12.95 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $13.23 and the buying power remained strong till the end. The stock closed at $13.02 for the day, a gain of 0.93% for the day session. The total traded volume was 728,149. The stocks close on the previous trading day was $12.9.

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