2 days Ago By Defense World Staff
Whitecap Resources Inc. ( TSE:WCP – Get Free Report ) has been given a consensus recommendation of “Moderate Buy” by the nine brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and eight have given a buy recommendation to the company.
The average 12 month price target among brokerages that have covered the stock in the last year is C$13.61. Several analysts have recently issued reports on WCP shares.
National Bankshares decreased their target price on shares of Whitecap Resources from C$15.50 to C$14.50 in a research report on Friday, September 27th.
ATB Capital decreased their price objective on Whitecap Resources from C$15.00 to C$14.50 and set an “outperform” rating on the stock in a research report on Thursday, October 24th.
Raymond James upgraded Whitecap Resources to a “hold” rating in a report on Thursday, October 17th. Jefferies Financial Group decreased their price target on Whitecap Resources from C$12.00 to C$11.
00 and set a “buy” rating on the stock in a report on Monday, September 16th. Finally, Desjardins lifted their price objective on shares of Whitecap Resources from C$12.75 to C$13.
00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Read Our Latest Report on WCP Whitecap Resources Stock Performance Whitecap Resources Cuts Dividend The business also recently declared a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Friday, November 15th will be paid a $0.
0608 dividend. This represents a $0.73 annualized dividend and a yield of 7.
02%. The ex-dividend date is Thursday, October 31st. Whitecap Resources’s dividend payout ratio is presently 58.
40%. Insider Activity at Whitecap Resources In other news, Director Mary-Jo Case acquired 5,000 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The shares were bought at an average price of C$10.
44 per share, with a total value of C$52,200.00. In other Whitecap Resources news, Senior Officer Joel Maxwell Armstrong bought 10,000 shares of the business’s stock in a transaction on Monday, October 28th.
The shares were acquired at an average price of C$10.43 per share, with a total value of C$104,300.00.
Also, Director Mary-Jo Case purchased 5,000 shares of Whitecap Resources stock in a transaction dated Monday, October 28th. The stock was acquired at an average price of C$10.44 per share, with a total value of C$52,200.
00. Insiders purchased 25,000 shares of company stock worth $261,300 in the last 90 days. 0.
84% of the stock is owned by corporate insiders. Whitecap Resources Company Profile ( Get Free Report Whitecap Resources Inc, an oil and gas company, focuses on the acquisition, development, and production of oil and gas assets in Western Canada. The company's primary areas of focus of its development programs are in Northern Alberta and British Columbia, Central Alberta, and Saskatchewan.
The company was founded in 2009 and is headquartered in Calgary, Canada. See Also Five stocks we like better than Whitecap Resources Investing In Preferred Stock vs. Common Stock Airbnb Stock Attracts Attention With Strong Cash Flow Strategy How to Buy Cheap Stocks Step by Step MarketBeat Week in Review – 11/4 – 11/8 How to Calculate Inflation Rate Trump’s Return: Which Sectors Will Benefit Most? Receive News & Ratings for Whitecap Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whitecap Resources and related companies with MarketBeat.
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