Whitecap Resources (SPGYF) Receives a Buy from RBC Capital
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 20 2025
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Source: Business Insider
Analyst Rating and Price Target: RBC Capital analyst Michael Harvey has maintained a Buy rating on Whitecap Resources (SPGYF) with a price target of C$14.00, while the stock closed at $6.92 last Friday. The overall analyst consensus for the company is a Strong Buy with an average price target of $9.68.
Insider Activity and Company Overview: Recent insider activity shows positive sentiment towards Whitecap Resources, indicating increased buying among insiders. The company specializes in the acquisition, development, and production of crude oil and natural gas, focusing on various regions in Canada.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
