Stephens Analysts Begin Coverage on Callon Petroleum Company (CPE)

By admin | 6 years ago

Equities researchers at Stephens began coverage on shares of Callon Petroleum Company (NYSE: CPE) in a report issued on Tuesday. The firm set an “overweight” rating on the stock.

Shares of Callon Petroleum Company traded down 0.66% during mid-day trading on Tuesday, hitting $6.04. Callon Petroleum Company has a 52 week low of $3.02 and a 52 week high of $7.95. The company has a market cap of $238.0 million and a P/E ratio of 2.25.

A number of other analysts have also recently weighed in on CPE. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Callon Petroleum Company in a research note to investors on Wednesday, April 25th. Finally, analysts at Zacks downgraded shares of Callon Petroleum Company from an “outperform” rating to a “neutral” rating in a research note to investors on Saturday, February 18th.

Callon Petroleum Company (Callon) is engaged in the exploration, development, acquisition and production of oil and gas properties.

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