Crescent Point Energy Corp (TSE:CPG) (NYSE:CPG) had its target price reduced by analysts at Barclays PLC from C$12.00 to C$11.00 in a research report issued to clients and investors on Monday. Barclays PLC’s price target points to a potential upside of 3.68% from the company’s current price.

Several other research analysts have also issued reports on CPG. TD Securities decreased their price target on shares of Crescent Point Energy Corp from C$16.00 to C$15.00 and set a “buy” rating on the stock in a research report on Friday, October 27th. BMO Capital Markets decreased their price target on shares of Crescent Point Energy Corp from C$14.00 to C$13.00 in a research report on Tuesday, October 10th. CIBC decreased their price target on shares of Crescent Point Energy Corp from C$18.00 to C$11.50 in a research report on Thursday, July 20th. Finally, Royal Bank Of Canada decreased their price target on shares of Crescent Point Energy Corp from C$18.00 to C$14.00 in a research report on Thursday, July 20th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of C$16.00.

Shares of Crescent Point Energy Corp (TSE:CPG) opened at 10.61 on Monday. The company has a 50-day moving average price of $9.57 and a 200-day moving average price of $10.43. The stock’s market cap is $5.79 billion. Crescent Point Energy Corp has a 1-year low of $8.08 and a 1-year high of $19.38.

TRADEMARK VIOLATION WARNING: “Crescent Point Energy Corp (CPG) PT Lowered to C$11.00” was posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this article on another website, it was stolen and republished in violation of US & international copyright and trademark laws. The original version of this article can be read at https://theolympiareport.com/2017/11/01/crescent-point-energy-corp-cpg-pt-lowered-to-c11-00.html.

In other Crescent Point Energy Corp news, Director Gerald A. Romanzin sold 3,500 shares of Crescent Point Energy Corp stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of C$8.56, for a total transaction of C$29,960.00. Also, insider Mark Gordon Eade sold 4,500 shares of Crescent Point Energy Corp stock in a transaction that occurred on Friday, September 22nd. The stock was sold at an average price of C$9.85, for a total transaction of C$44,325.00. Over the last quarter, insiders have sold 25,999 shares of company stock worth $252,276.

Crescent Point Energy Corp Company Profile

Crescent Point Energy Corp. (Crescent Point) is a Canada-based oil and gas exploration, development and production company. The Company is an oil and gas producer with assets consisting of light and medium oil and natural gas reserves in Western Canada and the United States. Its 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, Montana, Colorado and Utah.

Analyst Recommendations for Crescent Point Energy Corp (TSE:CPG)

Receive News & Ratings for Crescent Point Energy Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crescent Point Energy Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.