Crescent Point Energy Corporati found using ticker (CPG) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 11.39 and 10.33 and has a mean target at 10.86. Given that the stocks previous close was at 8.57 this now indicates there is a potential upside of 26.7%. The day 50 moving average is 7.36 and the 200 day moving average is 5.75. The company has a market capitalisation of $5,051m. Company Website: https://www.crescentpointenergy.com
The potential market cap would be $6,400m based on the market concensus.
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. The company was incorporated in 1994 and is headquartered in Calgary, Canada.
