Whitecap Resources (TSE:WCP - Get Free Report) had its price objective boosted by analysts at Royal Bank Of Canada from C$16.00 to C$17.00 in a report released on Monday,BayStreet.CA reports. The firm presently has an "outperform" rating on the stock. Royal Bank Of Canada's price objective suggests a potential upside of 15.25% from the company's previous close.
A number of other equities analysts have also commented on WCP. Raymond James Financial lowered shares of Whitecap Resources from a "strong-buy" rating to a "moderate buy" rating and raised their price target for the stock from C$15.00 to C$16.00 in a research report on Tuesday, February 24th. ATB Cormark Capital Markets lifted their price target on shares of Whitecap Resources from C$13.00 to C$15.00 and gave the company a "moderate buy" rating in a report on Tuesday, February 24th. TD Securities lifted their price target on shares of Whitecap Resources from C$13.00 to C$15.00 and gave the company a "buy" rating in a report on Tuesday, February 24th. Canaccord Genuity Group lifted their target price on shares of Whitecap Resources from C$14.00 to C$15.50 and gave the stock a "buy" rating in a research report on Tuesday, February 24th. Finally, National Bank Financial boosted their price target on shares of Whitecap Resources from C$15.00 to C$16.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 3rd. Three research analysts have rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of C$15.50.
Get Our Latest Research Report on WCP
Whitecap Resources Stock Performance
WCP stock traded up C$0.15 during trading hours on Monday, reaching C$14.75. The stock had a trading volume of 3,146,223 shares, compared to its average volume of 6,991,205. The stock has a market capitalization of C$17.90 billion, a PE ratio of 14.90, a price-to-earnings-growth ratio of -0.33 and a beta of 0.27. The company has a debt-to-equity ratio of 40.03, a current ratio of 0.68 and a quick ratio of 0.67. The stock has a 50-day simple moving average of C$13.98 and a 200 day simple moving average of C$12.19. Whitecap Resources has a fifty-two week low of C$7.55 and a fifty-two week high of C$16.03.
Whitecap Resources (TSE:WCP - Get Free Report) last issued its quarterly earnings data on Monday, February 23rd. The company reported C$0.26 earnings per share for the quarter. The company had revenue of C$1.51 billion for the quarter. Whitecap Resources had a net margin of 18.38% and a return on equity of 10.14%. Analysts predict that Whitecap Resources will post 1.1226131 EPS for the current fiscal year.
About Whitecap Resources
(
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Whitecap Resources Inc is a leading Canadian energy company committed to delivering reliable returns to shareholders through the responsible development of oil and natural gas assets in the Western Canadian Sedimentary Basin. With a strong track record of profitable growth and a sustainable dividend, Whitecap delivers long-term value to investors, supported by investment-grade financial strength.
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