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.
A number of analysts gave price targets for CPG. The highest price target was 23, implying a possible profit of 188.58 percent. The minimum price target given was 11.5, implying a possible loss of 44.29 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -100 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -41.67 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -13.67 percent, as compared to a month ago. 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. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. 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. Today's price is 14.35 percent above the 52-week 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 market cap of CPG is $5.29 billion. CPG will post this quarters earnings in days, on 0000-00-00.