Whitecap Resources (TSE:WCP - Get Free Report) had its price target reduced by equities research analysts at Desjardins from C$13.00 to C$12.00 in a report issued on Tuesday,BayStreet.CA reports. The firm presently has a "buy" rating on the stock. Desjardins' target price points to a potential upside of 46.52% from the stock's previous close.
Separately, National Bankshares lowered their price objective on shares of Whitecap Resources from C$15.00 to C$14.50 and set an "outperform" rating for the company in a research report on Thursday, January 30th. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of C$13.52.
Read Our Latest Stock Report on WCP
Whitecap Resources Stock Up 2.5 %
Shares of TSE WCP traded up C$0.20 on Tuesday, hitting C$8.19. The company had a trading volume of 10,102,226 shares, compared to its average volume of 2,940,685. The company has a quick ratio of 0.67, a current ratio of 0.88 and a debt-to-equity ratio of 21.58. Whitecap Resources has a 12-month low of C$7.88 and a 12-month high of C$11.31. The firm has a market capitalization of C$4.78 billion, a P/E ratio of 5.53, a PEG ratio of -0.33 and a beta of 2.67. The business has a 50 day moving average of C$9.88 and a two-hundred day moving average of C$10.13.
About Whitecap Resources
(
Get Free Report)
Whitecap Resources Inc, an oil and gas company, focuses on the acquisition, development, and production of oil and gas assets in Western Canada. The company's primary areas of focus of its development programs are in Northern Alberta and British Columbia, Central Alberta, and Saskatchewan. The company was founded in 2009 and is headquartered in Calgary, Canada.
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