Crescent Point Energy (TSE:CPG) (NYSE:CPG) had its price objective raised by TD Securities from C$15.00 to C$15.50 in a research note published on Wednesday. TD Securities currently has a buy rating on the stock.

A number of other research analysts have also issued reports on CPG. National Bank Financial raised their price objective on shares of Crescent Point Energy from C$12.00 to C$16.00 and gave the company an outperform rating in a report on Tuesday, January 9th. BMO Capital Markets dropped their price objective on shares of Crescent Point Energy from C$14.00 to C$13.00 in a report on Tuesday, October 10th. Finally, Barclays dropped their price objective on shares of Crescent Point Energy from C$12.00 to C$11.00 in a report on Monday, October 30th.

Crescent Point Energy (TSE CPG) opened at C$11.25 on Wednesday. The stock has a market cap of $6,140.00, a P/E ratio of -10.51 and a beta of 1.13. Crescent Point Energy has a fifty-two week low of C$8.08 and a fifty-two week high of C$17.14.

In other Crescent Point Energy news, Director D. Hugh Gillard sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of C$9.08, for a total transaction of C$27,240.00. Also, insider Mark Gordon Eade sold 6,500 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of C$10.80, for a total transaction of C$70,200.00. In the last 90 days, insiders have sold 15,786 shares of company stock valued at $156,541.

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About Crescent Point Energy

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.

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