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A statement released earlier today by Desjardins Securities about Whitecap Resources Inc. (TSE:WCP) bumps the target price to $14.00

Desjardins Securities upped the target of Whitecap Resources Inc. (TSE:WCP) to $14.00 reporting a possible upside of 0.16%.

Previously on 11/16/2016, Desjardins Securities reported on Whitecap Resources Inc. (TSE:WCP) increased the target price from $11.50 to $12.00. At the time, this indicated a possible upside of 0.05%.

Recent Performance Chart

Whitecap Resources Inc. has with a one year low of $5.60 and a one year high of $12.90 and has a market capitalization of $0.

A total of 17 brokerages have issued a ratings update on Whitecap Resources Inc.. Three Brokerages Rating the company a strong buy, twelve brokerages rating the company a buy, two brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $10.46.

General Company Details For Whitecap Resources Inc. (TSE:WCP)

Whitecap Resources Inc. is engaged in the acquisition, development, optimization and production of crude oil and natural gas in western Canada. The Company is focused on providing sustainable monthly dividends and per share growth through a combination of accretive oil-based acquisitions and organic growth on existing and acquired assets. It has operations in Alberta, Saskatchewan and British Columbia. Its Kerrobert, Lucky Hills, Whiteside and Eagle Lake areas are located in West Central Saskatchewan. Its Boundary Lake property is located in northeast British Columbia on the Alberta. Its Cardium producing areas are located in the Pembina, Garrington, Ferrier and Willesden Green areas of West Central Alberta. Its Elnora producing property is located southeast of Red Deer, Alberta. Its Deep Basin properties, which include Karr, Simonette, Wapiti and Elmworth, are located southwest of Grande Prairie, Alberta. Its Valhalla North property is located in the Peace River Arch area of Alberta.

The post A statement released earlier today by Desjardins Securities about Whitecap Resources Inc. (TSE:WCP) bumps the target price to $14.00 appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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A statement released earlier today by Desjardins Securities about Whitecap Resources Inc. (TSE:WCP) bumps the target price to $14.00

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