Callon Petroleum Company – Consensus ‘Hold’ rating and 40.1% Upside Potential

Broker Ratings
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Callon Petroleum Company with ticker code (CPE) now have 12 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 70 and 43 calculating the average target price we see $53.33. Now with the previous closing price of $38.06 this is indicating there is a potential upside of 40.1%. It’s also worth noting that there is a 50 day moving average of $36.52 and the 200 day moving average is $39.43. The total market capitalization for the company now stands at $2,259m. Find out more information at: https://www.callon.com

The potential market cap would be $3,165m based on the market consensus.

Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in West Texas. The company was founded in 1950 and is headquartered in Houston, Texas.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 1.85, revenue per share of 52.43 and a 14.44% return on assets.

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