Share on StockTwits

Shares of Whitecap Resources (TSE:WCP) have been given an average recommendation of “Buy” by the twelve ratings firms that are currently covering the company, Analyst Ratings.Net reports. Nine analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$17.75.

WCP has been the subject of a number of recent research reports. Analysts at Barclays raised their price target on shares of Whitecap Resources from C$18.00 to C$20.00 in a research note on Tuesday. They now have an “overweight” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Whitecap Resources from C$17.50 to C$20.00 in a research note on Thursday, August 21st. They now have a “buy” rating on the stock. Finally, analysts at FirstEnergy Capital raised their price target on shares of Whitecap Resources from C$19.00 to C$19.50 in a research note on Friday, August 8th. They now have an “outperform” rating on the stock.

Shares of Whitecap Resources (TSE:WCP) traded down 0.38% on Thursday, hitting $18.23. 229,025 shares of the company’s stock traded hands. Whitecap Resources has a 52-week low of $11.02 and a 52-week high of $18.70. The stock has a 50-day moving average of $16.46 and a 200-day moving average of $14.54. The company has a market cap of $4.463 billion and a price-to-earnings ratio of 18.12.

Whitecap Resources (TSE:WCP) last posted its quarterly earnings results on Friday, August 8th. The company reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.68.

The company also recently declared a aug 14 dividend, which is scheduled for Monday, September 15th. Shareholders of record on Sunday, August 31st will be given a dividend of $0.0625 per share.

Whitecap Resources Inc is engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids in Western Canada.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.