HighPoint Resources Corporation (HPR) Receives a Hold from BMO Capital


In a report issued on August 10, Dan McSpirit from BMO Capital reiterated a Hold rating on HighPoint Resources Corporation (NYSE: HPR), with a price target of $6. The company’s shares closed on Friday at $5.07, close to its 52-week low of $4.71.

According to TipRanks.com, McSpirit is a 3-star analyst with an average return of 3.6% and a 51.1% success rate. McSpirit covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Wildhorse Resource Development Corp, and Jagged Peak Energy Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for HighPoint Resources Corporation with a $8 average price target.

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The company has a one-year high of $7.60 and a one-year low of $4.71. Currently, HighPoint Resources Corporation has an average volume of 1.74M.

Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is neutral on the stock.

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HighPoint Resources Corp. is a exploration and production company, which engages in the development of oil and natural gas assets. The company was founded in 2018 and is headquartered in Denver, CO.

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