NYSE:CPE - Callon Petroleum Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $24.60
  • Forecasted Upside: -48.77 %
  • Number of Analysts: 10
  • Breakdown:
  • 2 Sell Ratings
  • 7 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$48.03
▲ +0.04 (0.08%)
1 month | 3 months | 12 months
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Analyst Price Target for CPE

Average Price Target: $24.60
▼ -48.77% Downside Potential
This price target is based on 10 analysts offering 12 month price targets for Callon Petroleum in the last 3 months. The average price target is $24.60, with a high forecast of $54.00 and a low forecast of $1.25. The average price target represents a -48.77% upside from the last price of $48.03.

Hold

The current consensus among 10 contributing investment analysts is to hold stock in Callon Petroleum. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 3 buy ratings
  • 9 hold ratings
  • 1 sell ratings
12/28/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 12 hold ratings
  • 3 sell ratings
3/27/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 15 hold ratings
  • 4 sell ratings
6/25/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 13 hold ratings
  • 4 sell ratings
9/23/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 13 hold ratings
  • 5 sell ratings
12/22/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 5 sell ratings
3/22/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 2 sell ratings
5/21/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 2 sell ratings
6/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/18/2021Morgan StanleyBoost Price TargetEqual Weight$39.00 ➝ $50.00Medium
6/10/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$44.00 ➝ $54.00High
5/19/2021Wells Fargo & CompanyBoost Price TargetUnderweight$26.00 ➝ $39.00Low
5/19/2021Morgan StanleyBoost Price TargetEqual Weight$37.00 ➝ $39.00Low
5/13/2021Siebert Williams ShankUpgradeHold ➝ BuyHigh
5/10/2021TruistBoost Price Target$38.00 ➝ $43.00High
4/15/2021Wells Fargo & CompanyBoost Price TargetIn-Line ➝ Underweight$21.00 ➝ $26.00Medium
4/14/2021Royal Bank of CanadaBoost Price TargetOutperform$31.00 ➝ $40.00High
4/1/2021Truist SecuritiesBoost Price Target$29.00 ➝ $38.00Low
4/1/2021TruistBoost Price Target$29.00 ➝ $38.00Low
3/30/2021JPMorgan Chase & Co.Initiated CoverageNeutralMedium
3/11/2021Morgan StanleyBoost Price TargetEqual Weight$15.00 ➝ $37.00Low
3/8/2021Johnson RiceUpgradeHold ➝ AccumulateLow
3/8/2021MKM PartnersReiterated RatingBuy ➝ Neutral$26.00N/A
3/2/2021MKM PartnersDowngradeBuy ➝ Neutral$20.00 ➝ $26.00Medium
2/26/2021TruistBoost Price Target$14.00 ➝ $29.00Medium
2/4/2021Siebert Williams ShankReiterated RatingHold$10.00Low
1/22/2021Siebert Williams ShankUpgradeSell ➝ HoldMedium
1/21/2021CitigroupBoost Price Target$6.00 ➝ $16.00Medium
12/31/2020TruistBoost Price Target$6.00 ➝ $14.00N/A
12/17/2020Royal Bank of CanadaBoost Price TargetReduce ➝ Outperform$16.00 ➝ $20.00Low
11/17/2020Morgan StanleyBoost Price TargetEqual Weight$6.00 ➝ $8.00High
11/4/2020MKM PartnersBoost Price Target$10.00 ➝ $15.00Medium
11/4/2020Northland SecuritiesLower Price TargetMarket Perform$10.00 ➝ $7.00High
10/30/2020Smith Barney CitigroupLower Price Target$9.75 ➝ $6.00High
10/19/2020Morgan StanleyLower Price TargetEqual Weight$8.00 ➝ $6.00High
10/2/2020MKM PartnersLower Price Target$14.00 ➝ $10.00Low
10/2/2020Royal Bank of CanadaLower Price TargetOutperform$18.00High
9/25/2020Wells Fargo & CompanyInitiated CoverageUnderweight$4.00High
8/26/2020Siebert Williams ShankReiterated RatingSell$9.00High
8/21/2020Morgan StanleyBoost Price TargetEqual Weight$7.50 ➝ $8.00High
8/17/2020BarclaysBoost Price TargetUnderweight$5.00High
8/10/2020Morgan StanleyBoost Price TargetEqual Weight$7.50Low
7/27/2020Northland SecuritiesReiterated RatingHold$1.00High
7/13/2020ScotiabankBoost Price TargetSector Perform$1.25High
5/28/2020MKM PartnersInitiated CoverageBuy$2.00Medium
5/14/2020Bank of AmericaDowngradeNeutral ➝ UnderperformHigh
5/4/2020Tudor PickeringDowngradeHold ➝ SellHigh
5/1/2020Siebert Williams ShankDowngradeHold ➝ SellHigh
4/24/2020US Capital AdvisorsDowngradeBuy ➝ Hold$3.00High
4/17/2020Credit Suisse GroupReiterated RatingHold$1.00Medium
4/17/2020Northland SecuritiesReiterated RatingHold$1.00Medium
4/7/2020ScotiabankDowngradeSector Outperform ➝ Sector PerformHigh
3/31/2020Piper SandlerDowngradeNeutral ➝ Underweight$0.50High
3/24/2020BarclaysDowngradeEqual Weight ➝ UnderweightLow
3/20/2020StephensDowngradeOverweight ➝ Equal WeightHigh
3/19/2020Credit Suisse GroupReiterated RatingNeutralHigh
3/17/2020Capital One FinancialDowngradeOverweight ➝ Equal WeightHigh
3/16/2020BMO Capital MarketsDowngradeOutperform ➝ Market PerformLow
3/13/2020Northland SecuritiesDowngradeOutperform ➝ HoldLow
3/13/2020Roth CapitalDowngradeBuy ➝ NeutralHigh
3/11/2020CowenDowngradeOutperform ➝ Market PerformHigh
3/9/2020Piper SandlerDowngradeOverweight ➝ NeutralHigh
3/9/2020Bank of AmericaDowngradeBuy ➝ NeutralHigh
3/9/2020Siebert Williams ShankDowngradeBuy ➝ Hold$2.00High
3/9/2020SunTrust BanksDowngradeBuy ➝ Hold$5.00 ➝ $1.50High
2/27/2020Siebert Williams ShankReiterated RatingBuy$6.00High
2/5/2020BarclaysDowngradeOverweight ➝ Equal Weight$4.00High
1/22/2020Credit Suisse GroupDowngradeOutperform ➝ NeutralHigh
12/23/2019Imperial CapitalBoost Price TargetOutperform$10.00 ➝ $13.00High
11/19/2019Johnson RiceDowngradeBuy ➝ AccumulateMedium
11/18/2019Northland SecuritiesReiterated RatingBuy$7.00High
10/21/2019Williams CapitalSet Price TargetBuy$8.00Low
10/21/2019Northland SecuritiesSet Price TargetBuy$7.00Low
10/4/2019Morgan StanleyLower Price TargetEqual Weight$6.25 ➝ $4.75Medium
9/23/2019CitigroupLower Price TargetBuy$10.00 ➝ $8.50Low
8/30/2019BarclaysLower Price TargetOverweight$9.00 ➝ $6.00Low
8/8/2019Evercore ISIReiterated RatingHold$12.00High
8/7/2019Northland SecuritiesReiterated RatingBuy$10.00High
7/16/2019Northland SecuritiesReiterated RatingBuy$10.00High
7/16/2019Imperial CapitalLower Price TargetIn-line ➝ In-Line$16.00 ➝ $11.00High
7/16/2019Williams CapitalLower Price TargetBuy ➝ Buy$12.00 ➝ $10.00High
7/15/2019Jefferies Financial GroupDowngradeBuy ➝ Hold$11.00High
7/1/2019BarclaysUpgradeEqual Weight ➝ Overweight$9.00Medium
6/24/2019Morgan StanleySet Price TargetHold$8.00Medium
6/14/2019Roth CapitalSet Price TargetBuy$12.00Low
6/13/2019Williams CapitalSet Price TargetBuy$12.00Medium
6/13/2019Northland SecuritiesSet Price TargetBuy$11.00Medium
5/23/2019Capital One FinancialUpgradeEqual Weight ➝ OverweightHigh
5/22/2019StephensSet Price TargetBuy$11.00Medium
4/23/2019SunTrust BanksSet Price TargetBuy$12.00Low
4/9/2019Williams CapitalReiterated RatingBuy$12.00Low
3/21/2019Morgan StanleyInitiated CoverageEqual Weight ➝ Equal Weight$9.00High
3/20/2019Capital One FinancialDowngradeOverweight ➝ Equal WeightHigh
2/27/2019Williams CapitalReiterated RatingBuy$12.00High
2/13/2019Imperial CapitalReiterated RatingOutperform ➝ Outperform$12.00 ➝ $15.00Medium
2/11/2019Williams CapitalReiterated RatingBuy$12.00High
1/23/2019CitigroupUpgradeNeutral ➝ Buy$11.00Medium
1/16/2019BarclaysDowngradeOverweight ➝ Equal Weight$14.00 ➝ $10.00Low
1/9/2019Capital One FinancialUpgradeEqual Weight ➝ OverweightMedium
12/20/2018Capital One FinancialDowngradeOverweight ➝ Equal WeightLow
12/14/2018Tudor PickeringDowngradeBuy ➝ HoldHigh
12/12/2018Williams CapitalReiterated RatingBuy$12.00Medium
12/10/2018Seaport Global SecuritiesUpgradeNeutral ➝ Buy$16.00 ➝ $13.00High
12/10/2018Evercore ISIUpgradeOutperformHigh
12/7/2018JPMorgan Chase & Co.Set Price TargetBuy$9.00Medium
12/6/2018StephensInitiated CoverageOverweight$14.00High
11/29/2018CowenInitiated CoverageOutperform ➝ OutperformHigh
11/12/2018Credit Suisse GroupUpgradeNeutral ➝ Outperform$14.00High
11/8/2018Bank of AmericaLower Price TargetBuy$19.00 ➝ $16.00High
11/7/2018Williams CapitalSet Price TargetBuy$16.00Low
10/24/2018Williams CapitalInitiated CoverageBuy$16.00High
10/3/2018OppenheimerInitiated CoverageOutperform$16.00High
8/29/2018BarclaysInitiated CoverageOverweight ➝ Overweight$14.00Medium
8/20/2018KLR GroupReiterated RatingBuy$16.00Low
8/12/2018Piper Jaffray CompaniesReiterated RatingBuy$20.00High
7/25/2018StephensSet Price TargetBuy$20.00Low
6/12/2018Stifel NicolausBoost Price TargetBuy ➝ Buy$20.00 ➝ $21.00High
4/23/2018KeyCorpBoost Price TargetOverweight ➝ Buy$15.00 ➝ $16.00Low
4/16/2018SunTrust BanksSet Price TargetBuy$18.00Low
3/28/2018Stifel NicolausSet Price TargetBuy$20.00Low
3/15/2018Piper Jaffray CompaniesReiterated RatingBuy$16.00Medium
3/14/2018Jefferies Financial GroupSet Price TargetBuy$18.00Medium
3/9/2018B. RileySet Price TargetHold$12.00Low
3/1/2018Imperial CapitalReiterated RatingOutperform ➝ Outperform$17.00 ➝ $21.00Low
2/6/2018SunTrust BanksReiterated RatingBuy$16.00Low
2/5/2018B. RileyInitiated CoverageNeutral ➝ Neutral$11.75Low
2/1/2018Deutsche Bank AktiengesellschaftInitiated CoverageBuy ➝ Buy$15.00Medium
1/30/2018Jefferies Financial GroupReiterated RatingBuy$17.00Medium
1/16/2018MizuhoSet Price TargetBuy$15.00Low
1/4/2018Piper Jaffray CompaniesInitiated CoverageOverweight ➝ Overweight$15.00Low
1/3/2018CitigroupDowngradeBuy ➝ Neutral$13.00Medium
12/11/2017Credit Suisse GroupInitiated CoverageNeutral ➝ Neutral$12.00Low
12/11/2017Northland SecuritiesSet Price TargetBuy$16.00Medium
11/25/2017ScotiabankSet Price TargetBuy$16.00High
11/21/2017MizuhoUpgradeNeutral ➝ Buy$14.00N/A
11/14/2017BMO Capital MarketsSet Price TargetBuy$15.00N/A
11/1/2017Northland SecuritiesReiterated RatingBuy$18.00N/A
10/16/2017Bank of AmericaInitiated CoverageBuyN/A
10/10/2017BMO Capital MarketsSet Price TargetBuy$15.00N/A
10/9/2017Jefferies Financial GroupInitiated CoverageBuy$16.00N/A
9/6/2017BMO Capital MarketsReiterated RatingBuy$15.00Medium
8/24/2017Royal Bank of CanadaSet Price TargetBuy$16.00Low
8/21/2017Northland SecuritiesSet Price TargetBuy$18.00Low
8/15/2017Imperial CapitalInitiated CoverageOutperform$16.00Medium
7/21/2017CitigroupLower Price TargetBuy$15.00 ➝ $14.00Low
7/17/2017Northland SecuritiesSet Price TargetBuy$18.00Medium
7/13/2017CitigroupLower Price TargetBuy$17.00 ➝ $15.00Low
7/7/2017BarclaysReiterated RatingBuy$14.00High
7/1/2017ScotiabankSet Price TargetBuy$15.00Low
6/26/2017BMO Capital MarketsSet Price TargetBuy$15.00N/A
6/21/2017Seaport Global SecuritiesDowngradeBuy ➝ Neutral$19.00 ➝ $10.00High
6/20/2017Tudor PickeringInitiated CoverageBuy ➝ Buy$26.00High
6/3/2017Royal Bank of CanadaSet Price TargetBuy$20.00Low
6/2/2017Credit Suisse GroupReiterated RatingOutperform$18.00Low
5/26/2017Roth CapitalSet Price TargetBuy$23.00N/A
5/15/2017ScotiabankReiterated RatingBuy$18.00N/A
5/5/2017ScotiabankReiterated RatingBuy$18.00High
5/3/2017Roth CapitalSet Price TargetBuy$23.00Low
5/2/2017BMO Capital MarketsSet Price TargetBuy$16.00Low
4/26/2017BarclaysInitiated CoverageOverweight$16.00Low
4/25/2017Royal Bank of CanadaSet Price TargetBuy$20.00Low
4/19/2017Evercore ISIDowngradeOutperform ➝ In-Line$17.00 ➝ $16.00High
4/13/2017Echelon Wealth PartnersUpgradeBuy$17.00Medium
4/13/2017EuroPacific CanadaUpgradeNeutral ➝ Buy$17.00High
4/13/2017Eurobank EFGUpgradeHold ➝ Buy$17.00High
4/12/2017Stifel NicolausInitiated CoverageBuy ➝ Buy$21.00High
4/3/2017ScotiabankSet Price TargetBuy$18.00Medium
4/1/2017Roth CapitalSet Price TargetBuy$23.00Low
3/23/2017UBS GroupInitiated CoverageBuy$16.00N/A
3/12/2017BMO Capital MarketsReiterated RatingBuy$17.00Low
3/9/2017CitigroupUpgradeNeutral ➝ BuyLow
3/7/2017Deutsche Bank AktiengesellschaftLower Price TargetBuy$19.00 ➝ $18.00N/A
3/1/2017MizuhoLower Price TargetNeutral$18.00 ➝ $14.00N/A
3/1/2017(FBRC)Lower Price TargetOutperform ➝ Outperform$20.00 ➝ $17.00N/A
2/28/2017ScotiabankSet Price TargetBuy$18.00N/A
2/28/2017Canaccord GenuityReiterated RatingBuy$22.00N/A
2/22/2017Roth CapitalSet Price TargetBuy$23.00N/A
1/31/2017Credit Suisse GroupBoost Price TargetOutperform$19.00 ➝ $21.00N/A
1/4/2017Royal Bank of CanadaReiterated RatingBuy$21.00N/A
12/21/2016(FBRC)Reiterated RatingOutperform$20.00N/A
12/18/2016KLR GroupSet Price TargetBuy$20.00 ➝ $24.00N/A
12/14/2016(FBRC)Set Price TargetBuy$20.00N/A
12/14/2016MizuhoBoost Price TargetNeutral$17.00 ➝ $18.00N/A
11/28/2016Deutsche Bank AktiengesellschaftInitiated CoverageBuy$15.84N/A
11/22/2016KeyCorpBoost Price TargetOverweight$19.00 ➝ $20.00N/A
11/3/2016(FBRC)Reiterated RatingBuy$20.00N/A
10/5/2016MizuhoInitiated CoverageNeutral$16.00N/A
9/30/2016Imperial CapitalBoost Price TargetOutperform$16.00 ➝ $18.00N/A
9/28/2016Evercore ISIInitiated CoverageBuy$20.00N/A
9/22/2016BMO Capital MarketsInitiated CoverageOutperform$20.00N/A
9/13/2016KLR GroupReiterated RatingBuy$18.00 ➝ $21.00N/A
9/9/2016(FBRC)Boost Price TargetOutperform$17.00 ➝ $19.00N/A
9/8/2016Canaccord GenuityBoost Price TargetBuy$15.00 ➝ $18.00N/A
9/8/2016Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$15.00 ➝ $18.00N/A
9/7/2016Roth CapitalSet Price TargetBuy$16.00N/A
8/22/2016KeyCorpBoost Price TargetOverweight$14.00 ➝ $16.00N/A
8/11/2016JPMorgan Chase & Co.Boost Price TargetOverweight$14.00 ➝ $16.00N/A
8/11/2016CitigroupBoost Price TargetNeutral$12.50 ➝ $14.00N/A
8/10/2016WunderlichBoost Price TargetBuy$17.00 ➝ $18.00N/A
8/10/2016Imperial CapitalReiterated RatingOutperform$14.00 ➝ $16.00N/A
8/10/2016(FBRC)Boost Price TargetOutperform$15.00 ➝ $17.00N/A
7/18/2016CitigroupBoost Price TargetNeutral$12.00 ➝ $12.50N/A
7/12/2016Roth CapitalReiterated RatingBuyN/A
7/11/2016KLR GroupInitiated CoverageBuy$17.00N/A
6/29/2016CitigroupInitiated CoverageNeutral$12.00N/A
(Data available from 6/20/2016 forward)
Callon Petroleum logo
Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in Permian Basin in West Texas. As of December 31, 2020, its estimated net proved reserves totaled approximately 475.9 million barrel of oil equivalent, including 289.5 MMBbls oil, 541.6 Bcf of natural gas, and 96.1 MMBbls of natural gas liquids. The company was founded in 1950 and is headquartered in Houston, Texas.
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Today's Range

Now: $48.03
Low: $46.36
High: $49.57

50 Day Range

MA: $40.16
Low: $33.50
High: $51.19

52 Week Range

Now: $48.03
Low: $4.50
High: $52.50

Volume

2,112,708 shs

Average Volume

2,597,328 shs

Market Capitalization

$2.22 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

3.45

Frequently Asked Questions

What sell-side analysts currently cover shares of Callon Petroleum?

The following Wall Street analysts have issued research reports on Callon Petroleum in the last twelve months: Barclays PLC, Citigroup Inc., Johnson Rice, JPMorgan Chase & Co., MKM Partners, Morgan Stanley, Northland Securities, Royal Bank of Canada, Scotiabank, Siebert Williams Shank, Smith Barney Citigroup, Truist, Truist Securities, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for CPE.

What is the current price target for Callon Petroleum?

12 Wall Street analysts have set twelve-month price targets for Callon Petroleum in the last year. Their average twelve-month price target is $24.60, suggesting a possible downside of 48.8%. Royal Bank of Canada has the highest price target set, predicting CPE will reach $54.00 in the next twelve months. Scotiabank has the lowest price target set, forecasting a price of $1.25 for Callon Petroleum in the next year.
View the latest price targets for CPE.

What is the current consensus analyst rating for Callon Petroleum?

Callon Petroleum currently has 2 sell ratings, 7 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CPE, but not buy more shares or sell existing shares.
View the latest ratings for CPE.

What other companies compete with Callon Petroleum?

How do I contact Callon Petroleum's investor relations team?

Callon Petroleum's physical mailing address is 2000 W. Sam Houston Parkway S. Suite 2000, HOUSTON TX, 77042. The oil and natural gas company's listed phone number is 281-589-5200 and its investor relations email address is [email protected] The official website for Callon Petroleum is www.callon.com.