Crescent Point Energy (CPG) PT Raised to C$13.00 at Royal Bank of Canada

Crescent Point Energy (TSE:CPG) (NYSE:CPG) had its price target upped by Royal Bank of Canada from C$12.00 to C$13.00 in a research report report published on Wednesday morning. They currently have a sector perform rating on the stock.

CPG has been the topic of a number of other reports. TD Securities lowered their target price on Crescent Point Energy from C$16.00 to C$15.00 and set a buy rating on the stock in a research note on Friday, October 27th. National Bank Financial boosted their price objective on Crescent Point Energy from C$12.00 to C$16.00 and gave the company an outperform rating in a research note on Tuesday, January 9th. Barclays lowered their price objective on Crescent Point Energy from C$12.00 to C$11.00 in a research note on Monday, October 30th. Finally, BMO Capital Markets lowered their price objective on Crescent Point Energy from C$14.00 to C$13.00 in a research note on Tuesday, October 10th.

Shares of Crescent Point Energy (TSE CPG) opened at C$11.25 on Wednesday. The company has a market capitalization of $6,140.00, a price-to-earnings ratio of -10.51 and a beta of 1.13. Crescent Point Energy has a 52 week low of C$8.08 and a 52 week high of C$17.14.

In other Crescent Point Energy news, insider Tamara Macdonald sold 5,000 shares of Crescent Point Energy stock in a transaction dated Monday, December 11th. The stock was sold at an average price of C$9.22, for a total transaction of C$46,100.00. Also, Director D. Hugh Gillard sold 3,000 shares of Crescent Point Energy stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of C$9.08, for a total value of C$27,240.00. Insiders sold a total of 15,786 shares of company stock worth $156,541 over the last 90 days.

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Crescent Point Energy Company Profile

Crescent Point Energy Corp. (Crescent Point) is a Canada-based oil and gas exploration, development and production company. The Company is an oil and gas producer with assets consisting of light and medium oil and natural gas reserves in Western Canada and the United States. Its 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, Montana, Colorado and Utah.

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