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.

Many analysts weighed in on price targets for CPG. The highest price target was 23, implying a possible profit of 188.58 percent. The lowest price target was 11.5, implying potential capital losses of 44.29 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -100 percent. That number becomes -41.67 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -13.67 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 251.11 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. 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.

CPG has a 52-week high of 17.22 and a 52-week low of 6.97. Today's price is 14.35 percent above the 52-week low, and 53.72 percent below the high. CPG has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.