Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Crescent Point Energy (CPG – Research Report), PrairieSky Royalty (PREKF – Research Report) and Marathon Oil (MRO – Research Report).
Crescent Point Energy (CPG)
Desjardins analyst Desjardins maintained a Buy rating on Crescent Point Energy yesterday and set a price target of C$14.00. The company’s shares closed last Tuesday at $8.86, close to its 52-week high of $9.07.
Crescent Point Energy has an analyst consensus of Strong Buy, with a price target consensus of $10.76, a 24.4% upside from current levels. In a report issued on April 8, RBC Capital also maintained a Buy rating on the stock with a C$13.00 price target.
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Read More on CPG:
- Crescent Point Energy price target raised to C$19 from C$14 at National Bank
- Largest borrow rate increases among liquid names
- Crescent Point Energy price target raised to C$16 from C$12 at Scotiabank
- Crescent Point Plans Virtual Shareholder Meeting
- Crescent Point Energy price target raised to C$14.50 from C$14 at Stifel
