In a report released today, Chris MacCulloch from Desjardins maintained a Hold rating on Whitecap Resources, with a price target of C$11.50. The company’s shares opened today at $7.21.
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MacCulloch covers the Energy sector, focusing on stocks such as Imperial Oil, Tamarack Valley Energy, and Advantage Energy. According to TipRanks, MacCulloch has an average return of 25.3% and a 50.59% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Whitecap Resources with a $9.34 average price target.
The company has a one-year high of $8.30 and a one-year low of $4.90. Currently, Whitecap Resources has an average volume of 1.37M.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WCPRF in relation to earlier this year.
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