Analyst Stance On Two Stocks: Callon Petroleum Company (CPE), Crown Castle International Corp. (REIT) (CCI)

The recently concluded session had traders exchanging Callon Petroleum Company (NYSE:CPE) low level. Roughly 3.24 million shares changed hands compared to the three-month volume average 6.52 million shares. The first trade took place at $11.08 and the stock went up 1.19% to attain the closing price of $11.1.

Callon Petroleum Company (CPE) Analyst Opinion

Callon Petroleum Company has a consensus outperform rating from 26 Wall Street analysts, and the number of shares currently sold short amount to at least 19.54% of shares outstanding. The stock spiked 3.74% last month and is down -8.64 this year. Wall Street is only getting more bullish on the stock, with 20 of analysts who cover CPE having a buy-equivalent rating. Analysts have placed a $16.68 price target on Callon Petroleum Company, suggesting a 50.27% gain from recent close. It’s currently trading about -24.23% below its 52-week high.

Callon Petroleum Company Earnings Surprise

Callon Petroleum Company (CPE) failed to surprise the stock market in its last reported earnings when it earned $0.2 a piece versus the consensus-estimated $0.21. Its revenue totaled $118.87 million up 0.56% from the previous quarter.

Callon Petroleum Company (NYSE:CPE) Intraday View

This stock (CPE) is ahead of its 52-week low with 18.84%. Its last month’s stock price volatility remained 3.89% which for the week stands at 3.94%. The share price has moved forward from its 20 days moving average, trading at a distance of 3.91% and stays -6.13% away from its 50 days moving average. Over the last five days, shares have managed 4.62% gains and now is down -5.07% since hitting its 200-day moving average of $12.01. Callon Petroleum Company (CPE) has made its way to a 12-month gain of 4.03%.

Turning to Crown Castle International Corp. (REIT) (NYSE:CCI), its shares were trading at $110.75 a retreat of $-0.11, on the trading floor. The stock, after opening at $111.25, touched a high of $111.57 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.2. Crown Castle International Corp. (REIT) has 6 buy ratings, 7 holds and 0 sells even after the stock tumbled -3.67% from its high of $114.97 to a $45.01 billion market value through last close.

Crown Castle International Corp. (REIT) (CCI) Consensus Price Target

The company’s consensus rating on Reuter’s scale remained unchanged from 2.05 to 2.05 during a month. Analysts set a 12-month price target of $115.33 a share. The target implies a 4.14% spike from where the shares are currently trading. Also, the current price highlights a discount of 11.96% to analysts’ high consensus price target.

Crown Castle International Corp. (REIT) (NYSE:CCI) Intraday Trading

The counter witnessed a trading volume of 2.01 million shares versus an average volume of 2.46 million shares during last trading session. Its last month’s stock price volatility remained 1.7% which for the week approaches 1.74%. The lowest price the stock reached in the last trading day was $110.2675 and compares with the $93.14 52-week low. The stock recovered 18.91% since its low point and has performed -0.23% year-to-date.