Callon Petroleum Company Common (NYSE:CPE).
Equity analyst BMO Capital starting coverage on the stock giving it an initial rating of “Outperform”. On September 6, 2016 the stock rating was rated “Outperform” according to a RBC Capital report up from the previous “Sector Perform” rating.
July 18 investment analysts at Citigroup made no change to the company rating of “Neutral” but raised the price expectation from $12.00 to $12.50. Citigroup began coverage of CPE with an initial rating of “Neutral” and projecting a price target of $12.00.
On May 26 Wunderlich made no change to the stock rating of “Outperform” but raised the price target to $14.00 from $13.00.
The company is now up since yesterday’s close of $13.55. The stock last traded at $13.82 a bit lower than the 50 day moving average which is $14.34 and a tad higher than the 200 day moving average of $11.57. The 50 day moving average went down $-0.46 or -3.20% and the 200 day average moved up $2.31.
As of the latest earnings report the EPS was $-4.03 and is estimated to be $0.26 for the current year with 131,136,000 shares presently outstanding. Analysts expect next quarter’s EPS to be $0.10 with next year’s EPS projected to be $0.45.