RBC Capital analyst Michael Harvey maintained a Hold rating on Crescent Point Energy (NYSE:CPG) on Thursday, setting a price target of C$3.75, which is approximately 23.72% above the present share price of $2.38.
Harvey expects Crescent Point Energy to post earnings per share (EPS) of $0.00 for the fourth quarter of 2020.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Crescent Point Energy, with an average price target of $2.49.
The analysts price targets range from a high of $3.53 to a low of $1.77.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $381.3 million and a net profit of $41.9 million. The company's market cap is $1.28 billion.
According to TipRanks.com, RBC Capital analyst Michael Harvey is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.3% and a 48.55% success rate.
Crescent Point Energy Corp. engages in the exploration, development, and production of oil and gas properties. It focuses on the following locations: Viewfield Bakken, Shaunavon, Flat Lake, Duvernay, and Uinta Basin. The company was founded on April 20, 1994 and is headquartered in Calgary, Canada.