Baytex Energy Stock (NYSE:BTE), Analyst Ratings, Price Targets, Predictions

The latest price target for Baytex Energy (NYSE: BTE) was reported by BMO Capital on June 21, 2023. The analyst firm set a price target for $5.50 expecting BTE to rise to within 12 months (a possible 57.59% upside). 3 analyst firms have reported ratings in the last year.

The latest analyst rating for Baytex Energy (NYSE: BTE) was provided by BMO Capital, and Baytex Energy maintained their market perform rating.

The last upgrade for Baytex Energy Corp happened on April 11, 2023 when RBC Capital raised their price target to N/A. RBC Capital previously had a sector perform for Baytex Energy Corp.

There is no last downgrade for Baytex Energy.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Baytex Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Baytex Energy was filed on June 21, 2023 so you should expect the next rating to be made available sometime around June 21, 2024.

While ratings are subjective and will change, the latest Baytex Energy (BTE) rating was a maintained with a price target of $6.00 to $5.50. The current price Baytex Energy (BTE) is trading at is $3.49, which is out of the analyst’s predicted range.