Callon Petroleum (NYSE:CPE) has been given a $12.00 price target by B. Riley in a report issued on Friday. The firm presently has a “hold” rating on the oil and natural gas company’s stock. B. Riley’s target price points to a potential upside of 2.30% from the stock’s current price.
Several other equities analysts have also issued reports on the stock. ValuEngine lowered shares of Callon Petroleum from a “hold” rating to a “sell” rating in a report on Wednesday. Imperial Capital reaffirmed an “outperform” rating and issued a $21.00 target price (up from $17.00) on shares of Callon Petroleum in a research note on Thursday, March 1st. Zacks Investment Research raised shares of Callon Petroleum from a “sell” rating to a “hold” rating in a research note on Monday, February 12th. SunTrust Banks reaffirmed a “buy” rating and issued a $16.00 target price on shares of Callon Petroleum in a research note on Tuesday, February 6th. Finally, Deutsche Bank assumed coverage on shares of Callon Petroleum in a research note on Thursday, February 1st. They issued a “buy” rating and a $15.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and nineteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $16.35.
Callon Petroleum (NYSE:CPE) opened at $11.73 on Friday. Callon Petroleum has a fifty-two week low of $9.34 and a fifty-two week high of $13.92. The stock has a market cap of $2,440.00, a price-to-earnings ratio of 20.95 and a beta of 1.19. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.70 and a quick ratio of 0.70.
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Callon Petroleum Company Profile
Callon Petroleum Company is an independent oil and natural gas company. The Company is engaged in the exploration, development, acquisition and production of oil and natural gas properties. The Company focuses on the acquisition and development of unconventional oil and natural gas reserves in the Permian Basin.
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