Analyst Ratings for Crescent Point Energy Corp. (CPG)

Updated: 2017-07-26

An average rating of Overweight has been given to Crescent Point Energy Corp. (NYSE:CPG) by analysts covering the stock. About 30 days ago, CPG was issued an average rating of Overweight.

12 analysts declared CPG a buy, 2 issued an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for CPG by the analysts covering the stock. The highest price target was 23, implying a possible profit of 188.58 percent. The most pessimistic price target was 11.5, which equates to a potential downside of 44.29 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates downwards for this quarter, by about -100 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -41.67 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -13.67 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 251.11 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

In the trailing 52-weeks, CPG hit 17.22 at the highest peak, while it's lowest trading point was 6.97. Currently the stock is 14.35 percent higher than its low, and below the high by 53.72 percent. CPG has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The CPG value stock report compares CPG to some of its peers using value stock charts. The stock has a market capitalization of $5.29 billion. CPG's next earnings release will be on 0000-00-00, which is days away.