Crescent Point Energy Corp. (CPG) Reaches $6.90 After 8.00% Down Move; Profile of 12 Analysts Covering Chegg, Inc. (CHGG)

February 13, 2018 - By Pete Kolinski

Among 13 analysts covering Chegg Inc (NYSE:CHGG), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Chegg Inc had 35 analyst reports since August 5, 2015 according to SRatingsIntel. Jefferies maintained Chegg, Inc. (NYSE:CHGG) on Tuesday, October 31 with “Buy” rating. Northland Capital initiated it with “Outperform” rating and $11.50 target in Tuesday, April 11 report. The stock of Chegg, Inc. (NYSE:CHGG) earned “Buy” rating by Craig Hallum on Thursday, November 19. The stock of Chegg, Inc. (NYSE:CHGG) has “Buy” rating given on Monday, October 16 by BMO Capital Markets. The firm earned “Buy” rating on Wednesday, October 18 by Northland Capital. The company was downgraded on Wednesday, July 26 by Lake Street. The rating was maintained by BMO Capital Markets with “Buy” on Friday, November 17. The rating was maintained by Lake Street with “Buy” on Tuesday, February 23. Jefferies maintained the stock with “Buy” rating in Wednesday, June 21 report. As per Tuesday, February 23, the company rating was downgraded by Raymond James. See Chegg, Inc. (NYSE:CHGG) latest ratings:

17/01/2018 Broker: BMO Capital Markets Rating: Buy New Target: $20.0 Maintain
08/01/2018 Broker: Northland Capital Rating: Buy New Target: $20.0 Maintain
20/11/2017 Broker: Citigroup Rating: Buy New Target: $19 Initiates Coverage On
17/11/2017 Broker: BMO Capital Markets Rating: Buy New Target: $18.0 Maintain
01/11/2017 Broker: JP Morgan Rating: Overweight Old Target: $15 New Target: $18 Maintain
31/10/2017 Broker: Jefferies Rating: Buy New Target: $20.0 Maintain
31/10/2017 Broker: Barrington Rating: Buy New Target: $19.0 Maintain
18/10/2017 Broker: Northland Capital Rating: Buy New Target: $16.0 Maintain
16/10/2017 Broker: BMO Capital Markets Rating: Buy New Target: $18.0 Maintain
06/09/2017 Broker: Jefferies Rating: Buy New Target: $17.0 Maintain

The stock of Crescent Point Energy Corp. (NYSE:CPG) is a huge mover today! The stock decreased 3.38% or $0.24 during the last trading session, reaching $6.9. About 449,721 shares traded. Crescent Point Energy Corp. (NYSE:CPG) has declined 40.46% since February 13, 2017 and is downtrending. It has underperformed by 57.16% the S&P500.The move comes after 5 months negative chart setup for the $3.73B company. It was reported on Feb, 13 by Barchart.com. We have $6.35 PT which if reached, will make NYSE:CPG worth $298.72 million less.

Among 4 analysts covering Crescent Point Energy (NYSE:CPG), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Crescent Point Energy had 7 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Crescent Point Energy Corp. (NYSE:CPG) earned “Overweight” rating by Barclays Capital on Friday, July 22. The company was downgraded on Wednesday, July 22 by Barclays Capital. The firm has “Neutral” rating given on Friday, September 9 by Dundee Securities. The stock has “Buy” rating by UBS on Friday, August 14. The rating was upgraded by Barclays Capital to “Overweight” on Thursday, October 29. The stock of Crescent Point Energy Corp. (NYSE:CPG) has “Buy” rating given on Friday, November 11 by Dundee Securities.

Analysts await Crescent Point Energy Corp. (NYSE:CPG) to report earnings on February, 22. They expect $0.05 earnings per share, down 61.54% or $0.08 from last year’s $0.13 per share. CPG’s profit will be $27.06M for 34.50 P/E if the $0.05 EPS becomes a reality. After $0.05 actual earnings per share reported by Crescent Point Energy Corp. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment increased to 1.03 in Q3 2017. Its up 0.38, from 0.65 in 2017Q2. It increased, as 17 investors sold Crescent Point Energy Corp. shares while 41 reduced holdings. 11 funds opened positions while 49 raised stakes. 215.30 million shares or 1.60% more from 211.91 million shares in 2017Q2 were reported. 15,929 were accumulated by Price T Rowe Inc Md. Sumitomo Mitsui Trust Holding Inc owns 1.48M shares. State Of Wisconsin Investment Board holds 0.01% or 317,911 shares. Pnc Svcs Grp Inc invested in 2,127 shares or 0% of the stock. Aqr Cap Mngmt Ltd Liability Company invested in 312,052 shares or 0% of the stock. Cumberland Prtnrs holds 0.04% of its portfolio in Crescent Point Energy Corp. (NYSE:CPG) for 36,700 shares. Dimensional Fund Advsr Lp stated it has 0.01% in Crescent Point Energy Corp. (NYSE:CPG). The Massachusetts-based Massachusetts Fincl Services Ma has invested 0% in Crescent Point Energy Corp. (NYSE:CPG). Reilly Finance Lc invested in 583 shares or 0% of the stock. Td Asset Management has 10.36M shares for 0.12% of their portfolio. Jarislowsky Fraser reported 0.61% in Crescent Point Energy Corp. (NYSE:CPG). Cap Guardian reported 0% of its portfolio in Crescent Point Energy Corp. (NYSE:CPG). Schroder invested in 0.02% or 1.25M shares. Art Llc holds 205,300 shares or 0.08% of its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) reported 209,872 shares.

Crescent Point Energy Corp. acquires, explores, develops, and produces light and medium oil and natural gas properties in Western Canada and the United States. The company has market cap of $3.73 billion. The company's natural gas and crude oil properties, and related assets are located in the provinces of Saskatchewan, Alberta, British Columbia, and Manitoba; and the states of North Dakota, Montana, Colorado, and Utah. It currently has negative earnings.

The stock increased 16.50% or $2.7 during the last trading session, reaching $19.06. About 4.80M shares traded or 522.12% up from the average. Chegg, Inc. (NYSE:CHGG) has risen 163.16% since February 13, 2017 and is uptrending. It has outperformed by 146.46% the S&P500.

Since August 15, 2017, it had 0 insider buys, and 14 insider sales for $9.93 million activity. 20,000 shares were sold by Lem Esther, worth $326,990 on Monday, December 18. Shares for $972,952 were sold by GEIGER CHARLES on Friday, September 1. $472,714 worth of Chegg, Inc. (NYSE:CHGG) shares were sold by Osier Michael A.. 389 shares valued at $6,224 were sold by ROSENSWEIG DANIEL on Wednesday, December 13. BRANDEMUEHL JENNY had sold 50,000 shares worth $783,500. BORDERS DAVE JR. sold $217,017 worth of Chegg, Inc. (NYSE:CHGG) on Monday, January 1.

Investors sentiment decreased to 1.89 in Q3 2017. Its down 0.82, from 2.71 in 2017Q2. It worsened, as 26 investors sold Chegg, Inc. shares while 27 reduced holdings. 34 funds opened positions while 66 raised stakes. 102.60 million shares or 21.13% more from 84.70 million shares in 2017Q2 were reported. Sanctuary Wealth Advisors Lc invested 0.01% in Chegg, Inc. (NYSE:CHGG). Alyeska Investment Group Incorporated Ltd Partnership holds 0.01% or 90,370 shares in its portfolio. State Board Of Administration Of Florida Retirement Systems invested in 0% or 27,615 shares. Strs Ohio, Ohio-based fund reported 126,488 shares. Zacks Inv Management holds 12,380 shares or 0% of its portfolio. Timpani Cap Mngmt Limited Company holds 472,509 shares. G2 Inv Partners Ltd holds 393,446 shares. Amalgamated Fincl Bank owns 12,091 shares. Royal Commercial Bank Of Canada reported 0% in Chegg, Inc. (NYSE:CHGG). Sei Invests reported 39,860 shares. Bancorp Of America De invested in 35,353 shares. Virtu Financial Limited Liability holds 0% or 14,598 shares. Raymond James Advsrs reported 10,819 shares stake. Credit Agricole S A, France-based fund reported 30,000 shares. Alliancebernstein Ltd Partnership has 0.03% invested in Chegg, Inc. (NYSE:CHGG) for 2.92 million shares.

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