Headwater Exploration - CDDRF Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $8.50
  • Forecasted Upside: 95.40%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$4.35
▲ +0.06 (1.40%)

This chart shows the closing price for CDDRF by one month, three months, or twelve months.

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Analyst Price Target for CDDRF

Analyst Price Target is $8.50
▲ +95.40% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Headwater Exploration in the last 3 months. The average price target is $8.50, with a high forecast of $8.50 and a low forecast of $8.50. The average price target represents a 95.40% upside from the last price of $4.35.

This chart shows the closing price for CDDRF for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 1 investment analysts is to hold stock in Headwater Exploration. This rating has held steady since January 2023, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/2/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/30/2023
  • 0 strong buy ratings
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  • 0 hold ratings
  • 0 sell ratings
12/29/2023
  • 0 strong buy ratings
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  • 0 hold ratings
  • 0 sell ratings
3/28/2024
  • 0 strong buy ratings
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  • 0 sell ratings
6/26/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/24/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/23/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/23/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/18/2024Raymond JamesInitiated CoverageMarket Perform$8.50
8/4/2023Royal Bank of CanadaBoost TargetC$8.00 ➝ C$8.50
8/4/2023BMO Capital MarketsBoost TargetC$9.00 ➝ C$10.00
8/4/2023Raymond JamesBoost TargetC$8.00 ➝ C$9.00
7/14/2023Stifel NicolausLower TargetC$8.50 ➝ C$8.25
5/12/2023Raymond JamesLower TargetC$8.50
3/10/2023Stifel NicolausBoost TargetC$8.75 ➝ C$9.25
11/16/2022Stifel NicolausLower TargetC$10.50 ➝ C$9.50
11/4/2022BMO Capital MarketsBoost TargetC$10.00 ➝ C$10.50
11/4/2022Stifel NicolausBoost TargetC$10.00 ➝ C$10.50
11/4/2022Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform
9/30/2022National Bank FinancialLower TargetC$9.50
5/17/2022DesjardinsBoost TargetC$10.00 ➝ C$11.00
5/16/2022Stifel NicolausBoost TargetC$10.25 ➝ C$10.75
5/13/2022Raymond JamesBoost TargetC$8.50 ➝ C$10.00
3/14/2022Stifel NicolausBoost TargetC$9.50 ➝ C$10.25
3/11/2022BMO Capital MarketsBoost TargetC$9.00 ➝ C$10.00
2/4/2022National Bank FinancialBoost TargetC$9.00 ➝ C$10.50
2/3/2022DesjardinsBoost TargetC$8.00 ➝ C$9.00
2/3/2022Stifel NicolausBoost TargetC$7.75 ➝ C$9.50
1/7/2022National Bank FinancialBoost TargetOutperform ➝ OutperformC$7.00 ➝ C$7.75
11/12/2021Stifel NicolausBoost TargetBuyC$7.00 ➝ C$7.75
10/15/2021Royal Bank of CanadaInitiated CoverageOutperform
9/29/2021National Bank FinancialBoost TargetOutperformC$6.25 ➝ C$7.00
8/10/2021DesjardinsBoost TargetBuyC$6.25 ➝ C$6.50
7/1/2021Raymond JamesReiterated RatingBuyC$5.25
6/28/2021Stifel NicolausBoost TargetBuyC$6.50 ➝ C$7.00
5/13/2021National Bank FinancialBoost TargetOutperform ➝ OutperformC$4.50 ➝ C$5.50
5/13/2021Stifel NicolausBoost TargetBuy$6.00 ➝ $6.50
5/13/2021Raymond JamesBoost TargetOutperform$4.50 ➝ $5.00
3/15/2021DesjardinsBoost TargetBuy$4.00 ➝ $5.50
3/12/2021Stifel NicolausBoost TargetBuy$3.25 ➝ $6.00
3/11/2021BMO Capital MarketsBoost TargetOutperform$4.00 ➝ $5.00
3/11/2021Raymond JamesBoost TargetOutperform$4.00 ➝ $4.50
2/19/2021National Bank FinancialBoost TargetOutperform
1/28/2021National Bank FinancialReiterated RatingOutperform
1/6/2021National Bank FinancialReiterated RatingOutperform
12/8/2020BMO Capital MarketsInitiated CoverageOutperform
12/1/2020National Bank FinancialInitiated CoverageOutperform
(Data available from 12/23/2019 forward)

News Sentiment Rating

0.57 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

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Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/27/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/26/2024
  • 0 very positive mentions
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  • 0 very negative mentions
7/26/2024
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/25/2024
  • 0 very positive mentions
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  • 0 very negative mentions
9/24/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/24/2024
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/23/2024
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/23/2024

Current Sentiment

  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
Headwater Exploration logo
Headwater Exploration Inc. engages in the exploration, development, and production of petroleum and natural gas in Canada. It holds interest in the Marten Hills area located in Alberta, and McCully Field area located in New Brunswick. The company was formerly known as Corridor Resources Inc. and changed its name to Headwater Exploration Inc. in March 2020. Headwater Exploration Inc. incorporated in 1996 and is headquartered in Calgary, Canada.
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Today's Range

Now: $4.35
Low: $4.32
High: $4.39

50 Day Range

MA: $4.83
Low: $4.29
High: $5.17

52 Week Range

Now: $4.35
Low: $4.29
High: $6.26

Volume

26,222 shs

Average Volume

27,025 shs

Market Capitalization

N/A

P/E Ratio

12.71

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Headwater Exploration?

The following Wall Street sell-side analysts have issued reports on Headwater Exploration in the last twelve months: Raymond James.
View the latest analyst ratings for CDDRF.

What is the current price target for Headwater Exploration?

0 Wall Street analysts have set twelve-month price targets for Headwater Exploration in the last year. Their average twelve-month price target is $8.50, suggesting a possible upside of 95.4%. Raymond James has the highest price target set, predicting CDDRF will reach $8.50 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $8.50 for Headwater Exploration in the next year.
View the latest price targets for CDDRF.

What is the current consensus analyst rating for Headwater Exploration?

Headwater Exploration currently has 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CDDRF, but not buy more shares or sell existing shares.
View the latest ratings for CDDRF.

What other companies compete with Headwater Exploration?

Other companies that are similar to Headwater Exploration include 88 Energy, Afentra, Africa Energy, Aker BP ASA and Arkanova Energy. Learn More about companies similar to Headwater Exploration.

How do I contact Headwater Exploration's investor relations team?

Headwater Exploration's physical mailing address is 5475 Spring Garden Road, Halifax, NS B3J. The company's listed phone number is (587) 391-3680. The official website for Headwater Exploration is www.headwaterexp.com. Learn More about contacing Headwater Exploration investor relations.