Crescent Point Energy (TSE:CPG) PT Raised to C$15.50 at Stifel Nicolaus

Crescent Point Energy (TSE:CPG – Get Rating) (NYSE:CPG) had its target price upped by investment analysts at Stifel Nicolaus from C$15.25 to C$15.50 in a research report issued on Friday, BayStreet.CA reports. Stifel Nicolaus’ target price suggests a potential upside of 55.62% from the company’s current price.

A number of other brokerages have also recently weighed in on CPG. CIBC dropped their price objective on shares of Crescent Point Energy from C$16.00 to C$15.00 in a report on Tuesday, January 17th. Raymond James dropped their price objective on shares of Crescent Point Energy from C$12.50 to C$11.50 and set a “market perform” rating for the company in a report on Monday, January 16th. National Bankshares dropped their price objective on shares of Crescent Point Energy from C$15.00 to C$14.50 and set an “outperform” rating for the company in a report on Friday. Finally, BMO Capital Markets decreased their price target on shares of Crescent Point Energy from C$13.00 to C$12.00 in a research note on Tuesday, December 13th.

Crescent Point Energy Trading Up 0.8 %

Shares of CPG stock opened at C$9.96 on Friday. The company has a debt-to-equity ratio of 21.94, a quick ratio of 0.49 and a current ratio of 0.62. The stock has a market capitalization of C$5.51 billion, a P/E ratio of 2.75, a price-to-earnings-growth ratio of -0.59 and a beta of 2.87. The company has a 50 day moving average price of C$9.54 and a 200 day moving average price of C$9.74. Crescent Point Energy has a fifty-two week low of C$7.57 and a fifty-two week high of C$13.74.

Crescent Point Energy Company Profile

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Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil, natural gas liquids, and natural gas reserves in Western Canada and the United States. It's crude oil and natural gas properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota and Montana.