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Paramount Resources

PRMRFOTCPK
15 minutes delayed
Consensus Rating1
Sector Perform
Highest Price Target1
$40.00
Lowest Price Target1
$33.00
Consensus Price Target1
$36.67

Paramount Resources (OTC:PRMRF) Stock, Analyst Ratings, Price Targets, Forecasts

Paramount Resources Ltd has a consensus price target of $36.67 based on the ratings of 3 analysts. The high is $40 issued by National Bank Financial Inc on June 29, 2023. The low is $33 issued by Stifel on March 7, 2024. The 3 most-recent analyst ratings were released by BMO Capital, Stifel, and National Bank Financial Inc on April 9, 2024, March 7, 2024, and June 29, 2023, respectively. With an average price target of $36.67 between BMO Capital, Stifel, and National Bank Financial Inc, there's an implied 66.44% upside for Paramount Resources Ltd from these most-recent analyst ratings.

Analyst Trends and Forecast
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Analyst Rating and Forecast
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Analyst Firms Making Recommendations1

BMO Capital
Stifel
National Bank Financial Inc

1calculated from analyst ratings

Analyst Ratings for Paramount Resources

Buy NowGet Alert
04/09/2024Buy Now67.95%BMO Capital
Jeremy Mccrea
→ $37Reinstates → OutperformGet Alert
03/07/2024Buy Now49.8%Stifel
Cody Kwong
$35.5 → $33MaintainsBuyGet Alert
06/29/2023Buy Now81.57%National Bank Financial Inc
Dan Payne
$40 → $40UpgradeOutperform → Sector PerformGet Alert

FAQ

Q

What is the target price for Paramount Resources (PRMRF) stock?

A

The latest price target for Paramount Resources (OTCPK:PRMRF) was reported by BMO Capital on April 9, 2024. The analyst firm set a price target for $37.00 expecting PRMRF to rise to within 12 months (a possible 67.95% upside). 2 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Paramount Resources (PRMRF)?

A

The latest analyst rating for Paramount Resources (OTCPK:PRMRF) was provided by BMO Capital, and Paramount Resources their outperform rating.

Q

When was the last upgrade for Paramount Resources (PRMRF)?

A

The last upgrade for Paramount Resources Ltd happened on June 29, 2023 when National Bank Financial Inc raised their price target to $40. National Bank Financial Inc previously had an outperform for Paramount Resources Ltd.

Q

When was the last downgrade for Paramount Resources (PRMRF)?

A

There is no last downgrade for Paramount Resources.

Q

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

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Paramount 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 Paramount Resources was filed on April 9, 2024 so you should expect the next rating to be made available sometime around April 9, 2025.

Q

Is the Analyst Rating Paramount Resources (PRMRF) correct?

A

While ratings are subjective and will change, the latest Paramount Resources (PRMRF) rating was a with a price target of $0.00 to $37.00. The current price Paramount Resources (PRMRF) is trading at is $22.03, which is within the analyst’s predicted range.

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