RBC Capital Sticks to Its Buy Rating for Whitecap Resources (SPGYF)
In a report released yesterday, Michael Harvey from RBC Capital maintained a Buy rating on Whitecap Resources (SPGYF – Research Report), with a price target of C$14.00. The company’s shares closed yesterday at $5.58.
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According to TipRanks, Harvey is a 5-star analyst with an average return of 12.0% and a 45.87% success rate. Harvey covers the Energy sector, focusing on stocks such as Whitecap Resources, Birchcliff Energy, and Paramount Resources.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Whitecap Resources with a $9.60 average price target, representing a 71.93% upside. In a report released on April 10, CIBC also maintained a Buy rating on the stock with a C$13.00 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 415.7K.
Based on the recent corporate insider activity of 49 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 SPGYF in relation to earlier this year.
Read More on SPGYF:
Disclaimer & DisclosureReport an Issue
- Whitecap Resources price target lowered to C$13 from C$14.50 at CIBC
- Whitecap Resources Announces March 2025 Dividend
- Veren downgraded to Tender from Buy at Desjardins
- Whitecap Resources price target lowered to C$12 from C$13 at Desjardins
- Whitecap Resources upgraded to Outperform from Market Perform at Raymond James
