NYSE:CPG - Crescent Point Energy Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Buy
Consensus Price Target: $6.75
Forecasted Upside: 46.74 %
Number of Analysts: 10
Breakdown:
0 Sell Ratings
1 Hold Ratings
9 Buy Ratings
0 Strong Buy Ratings

^$4.60 As of 06/16/2021 01:00 AM ET

▼ -0.1 (-2.13%)

1 month | 3 months | 12 months

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Analyst Price Target for CPG

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

^$6.75

▲ +46.74% Upside Potential

This price target is based on 10 analysts offering 12 month price targets for Crescent Point Energy in the last 3 months. The average price target is $6.75, with a high forecast of $8.00 and a low forecast of $5.00. The average price target represents a 46.74% upside from the last price of $4.60.

Buy

The current consensus among 10 contributing investment analysts is to buy stock in Crescent Point Energy. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

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

Ratings as of

12/24/2019

0 strong buy ratings
6 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

3/23/2020

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

Ratings as of

6/21/2020

0 strong buy ratings
8 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

9/19/2020

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

Ratings as of

12/18/2020

0 strong buy ratings
9 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

3/18/2021

0 strong buy ratings
9 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

5/17/2021

0 strong buy ratings
9 buy ratings
1 hold ratings
0 sell ratings

Ratings as of

6/16/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
6/10/2021	Royal Bank of Canada	Upgrade	Sector Perform ➝ Outperform	$6.50 ➝ $7.50	Medium	i
5/13/2021	Stifel Nicolaus	Boost Price Target	Buy	$7.00 ➝ $7.75	High	i
4/5/2021	BMO Capital Markets	Initiated Coverage	Outperform	$5.00 ➝ $7.00	High	i
3/25/2021	Desjardins	Upgrade	Hold ➝ Buy		High	i
3/24/2021	TD Securities	Boost Price Target	Buy	$4.25 ➝ $8.00	Medium	i
3/10/2021	CIBC	Boost Price Target	Outperform	$6.00 ➝ $8.00	Low	i
2/25/2021	Stifel Nicolaus	Boost Price Target	Buy	$5.25 ➝ $7.00	Medium	i
2/25/2021	CIBC	Boost Price Target	Outperform	$5.50 ➝ $6.00	Medium	i
2/25/2021	Canaccord Genuity	Boost Price Target	Buy	$5.00 ➝ $6.00	High	i
2/23/2021	Scotiabank	Upgrade	Sector Perform ➝ Sector Outperform		High	i
2/22/2021	Desjardins	Boost Price Target	Hold	$4.25 ➝ $5.50	Low	i
2/19/2021	Scotiabank	Boost Price Target	Sector Perform	$4.25 ➝ $6.00	Low	i
2/19/2021	CIBC	Boost Price Target	Outperform	$4.50 ➝ $5.50	Low	i
2/19/2021	Royal Bank of Canada	Boost Price Target	Sector Perform	$3.75 ➝ $6.50	Low	i
2/18/2021	Raymond James	Boost Price Target	Market Perform	$4.00 ➝ $5.00	Low	i
2/18/2021	Canaccord Genuity	Boost Price Target	Buy	$4.50 ➝ $5.00	Medium	i
2/18/2021	Stifel Nicolaus	Boost Price Target	Buy	$4.50 ➝ $5.25	Medium	i
1/14/2021	Scotiabank	Boost Price Target	Sector Perform	$2.75 ➝ $4.25	Low	i
1/11/2021	BMO Capital Markets	Upgrade	Market Perform ➝ Outperform	$2.75 ➝ $5.00	Medium	i
1/7/2021	Canaccord Genuity	Upgrade	Hold ➝ Buy		N/A	i
1/6/2021	National Bank Financial	Reiterated Rating	Outperform		N/A	i
12/16/2020	CIBC	Upgrade	Neutral ➝ Sector Outperform		Low	i
12/7/2020	BMO Capital Markets	Boost Price Target	Market Perform	$2.25 ➝ $2.75	Low	i
12/7/2020	Royal Bank of Canada	Boost Price Target	Sector Perform	$2.75 ➝ $3.00	Low	i
12/7/2020	CIBC	Boost Price Target	Neutral	$2.50 ➝ $2.75	Low	i
12/7/2020	TD Securities	Boost Price Target	Buy	$3.25 ➝ $3.50	Low	i
11/2/2020	Canaccord Genuity	Reiterated Rating	Hold	$2.25	High	i
10/30/2020	TD Securities	Boost Price Target	Buy	$3.00 ➝ $3.25	Low	i
10/8/2020	CIBC	Lower Price Target		$2.75 ➝ $2.50	Low	i
9/2/2020	CIBC	Boost Price Target	Neutral	$2.50 ➝ $2.75	Low	i
7/31/2020	Stifel Nicolaus	Boost Price Target	Buy	$2.40 ➝ $2.75	Low	i
7/31/2020	TD Securities	Boost Price Target	Buy	$3.00 ➝ $3.25	Low	i
7/15/2020	Raymond James	Upgrade	Hold	$2.25	Low	i Rating by Chris Cox at Raymond James
7/6/2020	Royal Bank of Canada	Reiterated Rating	Hold	$2.75	Medium	i
6/26/2020	Royal Bank of Canada	Boost Price Target	Sector Perform	$2.50 ➝ $2.75	Medium	i
6/15/2020	Scotiabank	Downgrade	Sector Outperform ➝ Sector Perform		High	i
5/21/2020	CIBC	Boost Price Target	Neutral	$2.25 ➝ $2.50	Low	i
5/8/2020	Scotiabank	Boost Price Target	Outperform	$2.25 ➝ $2.50	Low	i
5/7/2020	Canaccord Genuity	Boost Price Target	Hold	$1.50 ➝ $1.75	High	i
4/21/2020	TD Securities	Lower Price Target	Buy	$2.25 ➝ $2.00	Medium	i
3/25/2020	Tudor Pickering	Downgrade	Buy ➝ Hold		High	i Rating by Jordan McNiven at Tudor Pickering
3/16/2020	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform		High	i
3/12/2020	Raymond James	Downgrade	Sell	$1.25	Medium	i Rating by Chris Cox at Raymond James
3/10/2020	Canaccord Genuity	Downgrade	Buy		High	i
1/7/2020	Tudor Pickering	Upgrade	Buy		High	i Rating by Jordan McNiven at Tudor Pickering
11/1/2019	Raymond James	Reiterated Rating	Hold	$5.50	Medium	i Rating by Chris Cox at Raymond James
10/21/2019	National Bank Financial	Reiterated Rating	Outperform Overweight	$9.50	High	i Rating by T. Wood at National Bank Financial
9/16/2019	BMO Capital Markets	Upgrade	Market Perform ➝ Outperform	$6.00 ➝ $8.00	High	i Rating by Ray Kwan at BMO Capital Markets
9/4/2019	BMO Capital Markets	Set Price Target	Hold	$6.00	Low	i Rating by Ray Kwan at BMO Capital Markets
9/4/2019	Raymond James	Set Price Target	Hold	$7.00	Low	i Rating by Chris Cox at Raymond James
7/18/2019	Royal Bank of Canada	Reiterated Rating	Hold	$6.00	Low	i
5/10/2019	Raymond James	Reiterated Rating	Hold		High	i Rating by Chris Cox at Raymond James
5/9/2019	CIBC	Upgrade	Neutral ➝ Sector Outperform		Medium	i
5/9/2019	Canaccord Genuity	Upgrade	Buy		High	i
4/11/2019	Macquarie	Upgrade	Neutral ➝ Outperform	$4.06	Medium	i Rating by Brian Kristjansen at Macquarie
1/18/2019	Macquarie	Downgrade	Outperform ➝ Neutral		Low	i
1/16/2019	Raymond James	Reiterated Rating	Hold		High	i Rating by Chris Cox at Raymond James
1/10/2019	Canaccord Genuity	Downgrade	Buy		Low	i Rating by Anthony Petrucci at Canaccord Genuity
1/7/2019	BMO Capital Markets	Reiterated Rating	Hold ➝ Average	$5.00	High	i
1/7/2019	TD Securities	Upgrade	Hold ➝ Buy		Low	i Rating by Juan Jarrah at TD Securities
10/28/2018	TD Securities	Reiterated Rating	Hold		High	i Rating by Juan Jarrah at TD Securities
10/22/2018	BMO Capital Markets	Downgrade	Outperform ➝ Market Perform		Medium	i
10/16/2018	Canaccord Genuity	Reiterated Rating	Buy		Low	i Rating by Anthony Petrucci at Canaccord Genuity
1/15/2018	AltaCorp Capital	Reiterated Rating	Buy	$16.25	Medium	i
12/14/2017	Raymond James	Downgrade	Outperform ➝ Market Perform		Low	i
12/14/2017	UBS Group	Downgrade	Outperform ➝ Market Perform		Medium	i
10/11/2017	Desjardins	Downgrade	Buy ➝ Hold		N/A	i
10/10/2017	Scotiabank	Reiterated Rating	Buy	$17.00	N/A	i
9/25/2017	Royal Bank of Canada	Reiterated Rating	Hold	$14.00	High	i
5/9/2017	AltaCorp Capital	Reiterated Rating	Outperform		Medium	i Rating by T. Matthews at AltaCorp Capital
12/9/2016	Scotiabank	Reiterated Rating	Outperform	$27.50	N/A	i
12/9/2016	Royal Bank of Canada	Reiterated Rating	Sector Perform	$20.00	N/A	i
11/11/2016	Royal Bank of Canada	Reiterated Rating	Sector Perform	$22.00 ➝ $20.00	N/A	i
11/11/2016	Dundee Securities	Upgrade	Neutral ➝ Buy		N/A	i
11/11/2016	National Bank Financial	Reiterated Rating	Outperform		N/A	i Rating by T. Wood at National Bank Financial
9/23/2016	TD Securities	Reiterated Rating	Buy	$30.00 ➝ $28.00	N/A	i
9/9/2016	Dundee Securities	Downgrade	Buy ➝ Neutral		N/A	i
8/12/2016	Canaccord Genuity	Reiterated Rating	Buy		N/A	i
8/12/2016	TD Securities	Downgrade	Buy	$31.00 ➝ $30.00	N/A	i
7/22/2016	Barclays	Upgrade	Equal Weight ➝ Overweight	$23.00 ➝ $28.00	N/A	i
6/30/2016	TD Securities	Upgrade	Buy	$27.00 ➝ $31.00	N/A	i

(Data available from 6/16/2016 forward)

Crescent Point Energy Corp. explores, develops, and produces light and medium crude oil and natural gas reserves in Western Canada and the United States. The company's 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 and Montana. Crescent Point Energy Corp. was incorporated in 1994 and is headquartered in Calgary, Canada.

Today's Range

Now: $4.60

$4.54

$4.70

50 Day Range

MA: $4.14

$3.63

$4.80

52 Week Range

Now: $4.60

$1.05

$4.86

Volume

4,795,904 shs

Average Volume

4,875,135 shs

Market Capitalization

$2.68 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.96

Frequently Asked Questions

What sell-side analysts currently cover shares of Crescent Point Energy?

The following Wall Street research analysts have issued stock ratings on Crescent Point Energy in the last twelve months: BMO Capital Markets, Canaccord Genuity, CIBC, Desjardins, National Bank Financial, Raymond James, Royal Bank of Canada, Scotiabank, Stifel Nicolaus, TD Securities, and Zacks Investment Research.
View the latest analyst ratings for CPG.

What is the current price target for Crescent Point Energy?

9 Wall Street analysts have set twelve-month price targets for Crescent Point Energy in the last year. Their average twelve-month price target is $6.75, suggesting a possible upside of 46.7%. TD Securities has the highest price target set, predicting CPG will reach $8.00 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $5.00 for Crescent Point Energy in the next year.
View the latest price targets for CPG.

What is the current consensus analyst rating for Crescent Point Energy?

Crescent Point Energy currently has 1 hold rating and 9 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CPG will outperform the market and that investors should add to their positions of Crescent Point Energy.
View the latest ratings for CPG.

What other companies compete with Crescent Point Energy?

Other companies that are similar to Crescent Point Energy include Sasol, Gulfport Energy, Galp Energia, SGPS, APA, Ovintiv, Cimarex Energy, Cabot Oil & Gas, EQT, Chesapeake Energy, PDC Energy, Antero Resources, Range Resources, Matador Resources, Magnolia Oil & Gas and Murphy Oil.

How do I contact Crescent Point Energy's investor relations team?

Crescent Point Energy's physical mailing address is 585-8th Avenue S.W. Suite 2000, Calgary A0, T2P 1G1. The oil and gas producer's listed phone number is 403-693-0020. The official website for Crescent Point Energy is www.crescentpointenergy.com.