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 79.65% upside for Paramount Resources Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
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 81.28% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Paramount Resources (OTCPK:PRMRF) was provided by BMO Capital, and Paramount Resources their outperform rating.
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.
There is no last downgrade for Paramount Resources.
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.
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 $20.41, which is within the analyst’s predicted range.
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