NYSE:CPE

Callon Petroleum (CPE) Price Target & Analyst Ratings

$32.17

-0.31 (-0.95%)

(As of 05/19/2023 08:48 PM ET)

Compare

Today's Range: $31.95
▼
$33.04
50-Day Range: $29.75
▼
$38.06
52-Week Range: $28.91
▼
$64.08

Volume: 874,500 shs
Average Volume: 1.48 million shs
Market Capitalization: $1.99 billion

P/E Ratio: 1.43
Dividend Yield: N/A
Price Target: $56.13

Callon Petroleum Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Hold
Based on 9 Analyst Ratings

Consensus Analyst Price Target

$56.13
74.46% Upside

High Prediction	$71.00
Average Prediction	$56.13
Low Prediction	$36.00

Type	Current 5/22/22 to 5/22/23	1 Month Ago 4/22/22 to 4/22/23	3 Months Ago 2/21/22 to 2/21/23	1 Year Ago 5/22/21 to 5/22/22
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	4 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	3 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$56.13	$54.38	$61.38	$74.63
Predicted Upside	74.46% Upside	48.50% Upside	46.97% Upside	29.72% Upside

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CPE Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

CPE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Callon Petroleum Stock vs. The Competition

Type	Callon Petroleum	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.44	2.60	2.48
Consensus Rating	Hold	Buy	Hold
Predicted Upside	74.46% Upside	182.89% Upside	173.86% Upside
News Sentiment Rating	Neutral News	Positive News	Neutral News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
5/21/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$40.00 ➝ $36.00	+11.91%
5/8/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$55.00 ➝ $71.00	+107.85%
4/27/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$56.00 ➝ $58.00	+85.78%
4/19/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight	$45.00 ➝ $43.00	+20.96%
3/22/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform	$60.00	+90.96%
3/10/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$65.00 ➝ $54.00	+45.08%

12/5/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Underweight ➝ Neutral	$57.00	+38.25%
9/19/2022	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Sector Weight ➝ Sector Weight
7/11/2022	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight	$78.00 ➝ $70.00	+82.67%

(Data available from 5/22/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

CPE Price Target - Frequently Asked Questions

What is Callon Petroleum's consensus rating and price target?: According to the issued ratings of 9 analysts in the last year, the consensus rating for Callon Petroleum stock is Hold based on the current 5 hold ratings and 4 buy ratings for CPE. The average twelve-month price prediction for Callon Petroleum is $56.13 with a high price target of $71.00 and a low price target of $36.00. Learn more on CPE's analyst rating history.
Do Wall Street analysts like Callon Petroleum more than its competitors?: Analysts like Callon Petroleum less than other Oils/Energy companies. The consensus rating for Callon Petroleum is Hold while the average consensus rating for oils/energy companies is Buy. Learn more on how CPE compares to other companies.
Does Callon Petroleum's stock price have much upside?: According to analysts, Callon Petroleum's stock has a predicted upside of 56.56% based on their 12-month price targets.

What analysts cover Callon Petroleum?: Callon Petroleum has been rated by Citigroup, Mizuho, Morgan Stanley, Royal Bank of Canada, Stifel Nicolaus, and Truist Financial in the past 90 days.

Stock Ratings Reports and Tools

This page (NYSE:CPE) was last updated on 5/22/2023 by MarketBeat.com Staff

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