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 most optimistic analyst gave a price target of 23, implying potential capital gains of 188.58 percent. The lowest price target was 11.5, which equates to a potential downside of 44.29 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average 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. If we look at the last 90 days instead, we find a net average change of 251.11 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 2 analysts made negative revisions to their fiscal year's estimates.
In the last 52-weeks, CPG has achieved a high of 17.22 and a low of 6.97. Today's price is 14.35 percent above the 52-week low, and 53.72 percent lower than its 52-week 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 market cap of CPG is $5.29 billion. CPG's next earnings release will be on 0000-00-00, which is days away.