SunTrust Robinson analyst Neal Dingmann reiterated a Buy rating on Callon (CPE) on November 27 and set a price target of $15. The company’s shares opened today at $8.83, close to its 52-week low of $8.54.
According to TipRanks.com, Dingmann is a 1-star analyst with an average return of -2.5% and a 42.7% success rate. Dingmann covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Contango Oil & Gas Company, and Sanchez Energy Corporation.
Callon has an analyst consensus of Strong Buy, with a price target consensus of $15.44, a 74.9% upside from current levels. In a report issued on November 13, BMO Capital also reiterated a Buy rating on the stock with a $15 price target.
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The company has a one-year high of $14.65 and a one-year low of $8.54. Currently, Callon has an average volume of 4.5M.
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Callon Petroleum Co. engages in the exploration, development, acquisition, and production of oil and natural gas properties. It focuses on unconventional oil and natural gas reserves in the Permian Basin. The company was founded by Sim C. Callon and John S. Callon in 1950 and is headquartered in Natchez, MS.
