Whitecap Resources (TSE:WCP) Given New C$16.00 Price Target at Royal Bank Of Canada

Whitecap Resources (TSE:WCP) had its price objective boosted by Royal Bank Of Canada from C$14.00 to C$16.00 in a report issued on Wednesday morning,BayStreet.CA reports. Royal Bank Of Canada currently has an outperform rating on the stock.

Several other analysts have also recently issued reports on the stock. BMO Capital Markets increased their price target on shares of Whitecap Resources from C$13.00 to C$15.00 and gave the stock an “outperform” rating in a research report on Tuesday. National Bank Financial lifted their price objective on shares of Whitecap Resources from C$15.00 to C$16.00 and gave the company an “outperform” rating in a report on Tuesday, February 3rd. Scotiabank upped their target price on shares of Whitecap Resources from C$14.00 to C$15.00 and gave the stock a “hold” rating in a research note on Tuesday, January 20th. ATB Cormark Capital Markets raised their price target on shares of Whitecap Resources from C$13.00 to C$15.00 and gave the company a “moderate buy” rating in a research report on Tuesday. Finally, TD Securities boosted their price target on shares of Whitecap Resources from C$13.00 to C$15.00 and gave the stock a “buy” rating in a research note on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$15.15.

Whitecap Resources Price Performance

WCP stock opened at C$13.42 on Wednesday. The business’s fifty day moving average price is C$12.13 and its 200 day moving average price is C$11.26. Whitecap Resources has a 12-month low of C$6.87 and a 12-month high of C$13.98. The company has a current ratio of 0.88, a quick ratio of 0.67 and a debt-to-equity ratio of 21.58. The company has a market capitalization of C$16.29 billion, a PE ratio of 11.88, a P/E/G ratio of -0.33 and a beta of 0.69.

Whitecap Resources News Summary

Here are the key news stories impacting Whitecap Resources this week:

• Positive Sentiment: Several major brokers raised price targets and lifted ratings, signaling analyst confidence in Whitecap’s outlook — RBC bumped its target to C$16 and set an “outperform” rating. RBC Raise
• Positive Sentiment: Desjardins raised its target to C$15 and put a “buy” rating on the stock. Desjardins Raise
• Positive Sentiment: TD Securities, ATB Cormark and BMO Capital Markets also lifted targets to around C$15 and issued buy/outperform stances — a broad-based analyst re-rating that supports upside to consensus. Multiple Broker Raises
• Positive Sentiment: Canaccord increased its target to C$15.50 and maintained a buy view, adding to the cluster of upward revisions from Canadian brokers. Canaccord Raise
• Positive Sentiment: Commercially meaningful: UK energy firm Centrica signed a natural-gas supply deal with Whitecap — a contract that can strengthen contracted cash flows and customer diversification. Centrica Deal
• Neutral Sentiment: A Yahoo Finance piece discusses the Whitecap–Veren integration and how it reshapes scale, cash flows and risk — useful context for longer-term fundamentals but not an immediate catalyst. Integration Article
• Neutral Sentiment: Investor-oriented coverage (MSN, Globe and Yahoo pieces) highlights Whitecap as a dividend/income idea — these widen retail interest but are unlikely to move the stock alone. Dividend Coverage
• Negative Sentiment: Raymond James cut its conviction from “strong-buy” to “moderate buy” despite raising the price target to C$16 — a downgrade in enthusiasm that could temper buying momentum. Raymond James Change

About Whitecap Resources

Whitecap Resources Inc is a leading Canadian energy company committed to delivering reliable returns to shareholders through the responsible development of oil and natural gas assets in the Western Canadian Sedimentary Basin. With a strong track record of profitable growth and a sustainable dividend, Whitecap delivers long-term value to investors, supported by investment-grade financial strength.