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Permian Resources

PRNYSE
Logo brought to you by Benzinga Data
$15.57
0.110.71%
Pre-Market: 8:18 AM EDT
Consensus Rating1
Buy
Highest Price Target1
$24.00
Lowest Price Target1
$14.00
Consensus Price Target1
$18.28

Permian Resources (NYSE:PR) Stock, Analyst Ratings, Price Targets, Forecasts

Permian Resources Corp has a consensus price target of $18.28 based on the ratings of 19 analysts. The high is $24 issued by Raymond James on April 9, 2024. The low is $14 issued by Benchmark on October 16, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Truist Securities, and Benchmark on November 18, 2024, November 8, 2024, and October 16, 2024, respectively. With an average price target of $18.33 between Piper Sandler, Truist Securities, and Benchmark, there's an implied 17.75% upside for Permian Resources Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
5
1
Aug
5
1
Sep
4
Oct
2
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.2
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Piper Sandler
Truist Securities
Benchmark
RBC Capital
Wells Fargo

1calculated from analyst ratings

Analyst Ratings for Permian Resources

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Permian Resources (PR) stock?

A

The latest price target for Permian Resources (NYSE:PR) was reported by Piper Sandler on November 18, 2024. The analyst firm set a price target for $21.00 expecting PR to rise to within 12 months (a possible 34.87% upside). 53 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Permian Resources (PR)?

A

The latest analyst rating for Permian Resources (NYSE:PR) was provided by Piper Sandler, and Permian Resources maintained their overweight rating.

Q

When was the last upgrade for Permian Resources (PR)?

A

The last upgrade for Permian Resources Corp happened on July 3, 2024 when BMO Capital raised their price target to $21. BMO Capital previously had a market perform for Permian Resources Corp.

Q

When was the last downgrade for Permian Resources (PR)?

A

There is no last downgrade for Permian Resources.

Q

When is the next analyst rating going to be posted or updated for Permian Resources (PR)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Permian Resources, 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 Permian Resources was filed on November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.

Q

Is the Analyst Rating Permian Resources (PR) correct?

A

While ratings are subjective and will change, the latest Permian Resources (PR) rating was a maintained with a price target of $20.00 to $21.00. The current price Permian Resources (PR) is trading at is $15.57, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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