In a report released yesterday, Michael Harvey from RBC Capital maintained a Buy rating on Whitecap Resources, with a price target of C$20.00.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Harvey covers the Energy sector, focusing on stocks such as Tourmaline Oil, Whitecap Resources, and Advantage Energy. According to TipRanks, Harvey has an average return of 26.4% and a 68.08% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Whitecap Resources with a C$19.91 average price target.
The company has a one-year high of C$17.34 and a one-year low of C$9.49. Currently, Whitecap Resources has an average volume of 5.81M.
Based on the recent corporate insider activity of 37 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 WCPRF in relation to earlier this year.
