RBC Capital analyst Michael Harvey maintained a Hold rating on Crescent Point Energy (NYSE:CPG) on Monday, setting a price target of C$3.75, which is approximately 9.03% above the present share price of $2.69.
Harvey expects Crescent Point Energy to post earnings per share (EPS) of $0.00 for the first quarter of 2021.
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 $2.97.
The analysts price targets range from a high of $4.5 to a low of $1.76.
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 $1.43 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 6.0% and a 49.20% 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.