Shares of Crescent Point Energy Corp. (NYSE:CPG) (TSE:CPG) have received a consensus recommendation of “Buy” from the twelve ratings firms that are presently covering the firm. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $30.81.
A number of equities research analysts have recently issued reports on CPG shares. National Bank Financial reaffirmed an “outperform” rating on shares of Crescent Point Energy Corp. in a report on Friday, November 11th. Zacks Investment Research cut shares of Crescent Point Energy Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, October 18th. RBC Capital Markets reaffirmed a “sector perform” rating and issued a $20.00 target price (down from $22.00) on shares of Crescent Point Energy Corp. in a report on Friday, November 11th. Dundee Securities raised shares of Crescent Point Energy Corp. from a “neutral” rating to a “buy” rating in a report on Friday, November 11th. Finally, TD Securities reaffirmed a “buy” rating and issued a $28.00 target price (down from $30.00) on shares of Crescent Point Energy Corp. in a report on Friday, September 23rd.