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Stock impact report

Wall Street Analysts Think Crescent Point (CPG) Could Surge 25.55%: Read This Before Placing a Bet [Yahoo! Finance]

Crescent Point Energy Corporation Ordinary Shares (Canada) (CPG) 
Last crescent point energy corporation ordinary shares (canada) earnings: 3/5 06:30 am Check Earnings Report
US:NYSE Investor Relations: crescentpointenergy.com/invest
Company Research Source: Yahoo! Finance
be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $9.78 indicates a potential upside of 25.6%. The mean estimate comprises 10 short-term price targets with a standard deviation of $0.86. While the lowest estimate of $8.82 indicates a 13.2% increase from the current price level, the most optimistic analyst expects the stock to surge 40.6% to reach $10.95. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable. But, for CPG, an impressive average price target is not the only indi Show less Read more
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