Raymond James analyst Jeremy Mccrea maintained a Buy rating on Whitecap Resources (OTC:SPGYF) on Tuesday, setting a price target of C$12.5, which is approximately 65.58% above the present share price of $6.11.
Mccrea expects Whitecap Resources to post earnings per share (EPS) of $0.03 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Strong Buy rating of shares in Whitecap Resources, with an average price target of $8.54.
The analysts price targets range from a high of $10.11 to a low of $7.28.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $658.39 million and a net profit of $192.43 million. The company's market cap is $3.85 billion.
According to TipRanks.com, Raymond James analyst Jeremy Mccrea is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.0% and a 46.67% success rate.
Whitecap Resources, Inc. engages in the acquisition, development, and production of crude oil and natural gas. It focuses on the Boundary Lake, Valhalla, West Central Alberta, West Central Saskatchewan, and Southwest Saskatchewan. The company was founded by Grant B. Fagerheim on June 3, 2008 and is headquartered in Calgary, Canada.