Callon Petroleum Company – Consensus Indicates Potential 86.6% Upside

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 range between the high target price and low target price is between 70 and 43 calculating the mean target price we have $56.00. Given that the stocks previous close was at $30.01 this indicates there is a potential upside of 86.6%. The day 50 moving average is $38.86 and the 200 moving average now moves to $41.10. The market cap for the company is $1,931m. Find out more information at: https://www.callon.com

The potential market cap would be $3,603m 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 1.59, revenue per share of 52.43 and a 14.44% return on assets.

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