Ray Kwan, analyst at BMO Capital, reiterates coverage on Crescent Point Energy (CPG) in the Utilities sector with a Buy rating. TipRanks.com has Kwan rated as a 0 star analyst with a -9% return on investment and a 41% success rate. Kwan has set a price target of $6.32 .
TipRanks.com reports that CPG currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $6.13 . The target pricing ranges from a high forecast of $7.91 down to a low forecast of $4.74 .
CPG’s last closing price was $3.96 which would put the average price target at 54.80% upside.
In addition, TradingView issued a Buy rating for CPG over the next month.
Remember, securities are volatile, so please do your own research on CPG.
Other analysts covering CPG include:
- Jeremy Mccrea of Raymond James issued a hold with the price target of $4.74 on September 13th
- Jason Bouvier of Scotiabank issued a hold with the price target of $5.34 on September 13th
- Michael Harvey of RBC Capital issued a buy rate with the price target of $5.93 on September 13th
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