Crescent Point Energy Corp Given Consensus Rating of “Buy” by Brokerages (TSE:CPG)
Crescent Point Energy Corp (TSE:CPG) has earned a consensus recommendation of “Buy” from the nineteen analysts that are covering the company, Analyst RN reports. Three equities research analysts have rated the stock with a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is C$51.00.
Shares of Crescent Point Energy Corp (TSE:CPG) traded up 0.28% during mid-day trading on Friday, hitting $43.74. The stock had a trading volume of 128,534 shares. Crescent Point Energy Corp has a one year low of $37.22 and a one year high of $48.68. The stock has a 50-day moving average of $45.29 and a 200-day moving average of $42.55. The company has a market cap of $17.413 billion and a price-to-earnings ratio of 94.83.
The company also recently declared a jul 14 dividend, which is scheduled for Friday, August 15th. Investors of record on Thursday, July 31st will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Tuesday, July 29th.
CPG has been the subject of a number of recent research reports. Analysts at Barclays raised their price target on shares of Crescent Point Energy Corp from C$48.00 to C$49.00 in a research note on Wednesday, July 23rd. They now have an “overweight” rating on the stock. Separately, analysts at CIBC raised their price target on shares of Crescent Point Energy Corp from C$53.00 to C$55.00 in a research note on Thursday, July 17th. They now have an “outperform” rating on the stock. Finally, analysts at Raymond James raised their price target on shares of Crescent Point Energy Corp from C$51.00 to C$55.00 in a research note on Monday, July 7th. They now have an “outperform” rating on the stock.
Crescent Point Energy Corp is a Canada-based oil and gas exploration, development and production company.
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