Whitecap Resources (TSE:WCP) Given New C$15.00 Price Target at Desjardins

Whitecap Resources (TSE:WCP) had its target price increased by Desjardins from C$14.00 to C$15.00 in a research note published on Wednesday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Other research analysts also recently issued reports about the company. BMO Capital Markets lifted their price objective on 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 raised their price target on Whitecap Resources from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 3rd. Canaccord Genuity Group boosted their price target on Whitecap Resources from C$14.00 to C$15.50 and gave the stock a “buy” rating in a report on Tuesday. Royal Bank Of Canada upped their price objective on Whitecap Resources from C$14.00 to C$16.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Scotiabank increased their price objective on Whitecap Resources from C$14.00 to C$15.00 and gave the company a “hold” rating in a research note on Tuesday, January 20th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$15.15.

Whitecap Resources Stock Performance

Shares of WCP opened at C$13.42 on Wednesday. Whitecap Resources has a 12-month low of C$6.87 and a 12-month high of C$13.98. The stock has a market cap of C$16.29 billion, a P/E ratio of 11.88, a PEG ratio of -0.33 and a beta of 0.69. 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 50-day moving average of C$12.13 and a two-hundred day moving average of C$11.26.

Whitecap Resources News Roundup

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.