Crescent Point Energy Corporation Ordinary Shares (Canada) (CPG) was Upgraded by Barclays to ” Overweight” according to the research note released today. The brokerage firm has raised the Price Target to $ 28 from a previous price target of $23 . Earlier the firm had a rating of “Equal Weight ” on the company shares. Barclays advised their investors in a research report released on Jul 22, 2016.
On the company’s financial health, Crescent Point Energy Corporation Ordinary Shares (Canada) reported $-0.01 EPS for the quarter, beating the analyst consensus estimate by $ 0.15 according to the earnings call on May 12, 2016. Analyst had a consensus of $-0.16.Analysts expectations of $ 495.57.
Crescent Point Energy Corporation Ordinary Shares (Canada) opened for trading at $15.06 and hit $15.51 on the upside on Wednesday, eventually ending the session at $15.41, with a gain of 0.85% or 0.13 points. The heightened volatility saw the trading volume jump to 5,69,655 shares. Company has a market cap of $7,803 M.