Tudor Pickering analyst Jordan McNiven maintained a Hold rating on Crescent Point Energy (NYSE:CPG) on Tuesday, setting a price target of C$6, which is approximately 6.12% above the present share price of $4.68.
McNiven expects Crescent Point Energy to post earnings per share (EPS) of $0.04 for the second quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Crescent Point Energy, with an average price target of $5.77.
The analysts price targets range from a high of $6.62 to a low of $4.97.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $547.5 million and a net profit of $207.8 million. The company's market cap is $2.72 billion.
According to TipRanks.com, Tudor Pickering analyst Jordan McNiven is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 62.7% and a 88.89% 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.