OTCMKTS:PRMRF - Paramount Resources Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $3.29
  • Forecasted Upside: 62.95 %
  • Number of Analysts: 8
  • Breakdown:
  • 2 Sell Ratings
  • 6 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$2.02
▲ +0.05 (2.54%)
1 month | 3 months | 12 months
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Analyst Price Target for PRMRF

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$3.29
▲ +62.95% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Paramount Resources in the last 3 months. The average price target is $3.29, with a high forecast of $7.50 and a low forecast of $1.75. The average price target represents a 62.95% upside from the last price of $2.02.
Hold
The current consensus among 8 investment analysts is to hold stock in Paramount Resources.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 1 sell ratings
5/3/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 2 sell ratings
8/1/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 7 hold ratings
  • 2 sell ratings
10/30/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 1 sell ratings
1/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 2 sell ratings
4/27/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 2 sell ratings
7/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 5 hold ratings
  • 2 sell ratings
9/24/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 6 hold ratings
  • 2 sell ratings
10/24/2020

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 6 hold ratings
  • 2 sell ratings

DateBrokerageActionRatingPrice TargetDetails
10/16/2020National Bank FinancialUpgradeUnderperform ➝ Sector Perform
i
10/8/2020CIBCUpgradeUnderperform ➝ Neutral
i
9/16/2020TD SecuritiesBoost Price TargetHold$2.25 ➝ $2.50
i
8/7/2020Royal Bank of CanadaBoost Price TargetSector Perform$2.00 ➝ $2.25
i
8/7/2020BMO Capital MarketsBoost Price TargetMarket Perform$2.50 ➝ $3.00
i
8/7/2020Raymond JamesBoost Price TargetMarket Perform$2.00 ➝ $2.75
i
Rating by Chris Cox at Raymond James
8/7/2020TD SecuritiesBoost Price TargetHold$1.65 ➝ $2.25
i
7/15/2020Raymond JamesReiterated RatingHold$2.00
i
Rating by Chris Cox at Raymond James
5/25/2020Royal Bank of CanadaReiterated RatingHold$2.00
i
5/21/2020Credit Suisse GroupReiterated RatingSell$1.75
i
4/22/2020Raymond JamesReiterated RatingSell$1.00
i
Rating by Chris Cox at Raymond James
4/14/2020Royal Bank of CanadaReiterated RatingHold$2.00
i
3/20/2020TD SecuritiesReiterated RatingHold$1.30
i
3/19/2020Stifel NicolausDowngradeHold ➝ Reduce
i
3/12/2020Raymond JamesDowngradeSell$1.25
i
12/9/2019CIBCReiterated RatingHold$7.50
i
Rating by Jamie Kubik at CIBC
11/8/2019Raymond JamesReiterated RatingBuy$8.00
i
10/15/2019CIBCReiterated RatingHold$6.50
i
7/15/2019Credit Suisse GroupInitiated CoverageUnderperform
i
3/7/2019BMO Capital MarketsReiterated RatingHold
i
Rating by Ray Kwan at BMO Capital Markets
12/13/2018GMP SecuritiesDowngradeHold ➝ Reduce
i
12/10/2018Tudor PickeringDowngradeBuy ➝ Hold
i
12/4/2018MacquarieDowngradeOutperform ➝ Neutral
i
11/21/2018CIBCReiterated RatingHold
i
Rating by Jamie Kubik at CIBC
11/13/2018ScotiabankReiterated RatingHold
i
11/12/2018CIBCReiterated RatingHold
i
Rating by Jamie Kubik at CIBC
11/12/2018Royal Bank of CanadaReiterated RatingHold
i
11/9/2018TD SecuritiesReiterated RatingHold
i
Rating by Juan Jarrah at TD Securities
11/9/2018BMO Capital MarketsReiterated RatingBuy
i
Rating by Ray Kwan at BMO Capital Markets
1/11/2018BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
i
11/21/2016ScotiabankReiterated RatingOutperform$18.00
i
9/26/2016ScotiabankReiterated RatingOutperform$16.00 ➝ $18.00
i
9/26/2016BarclaysReiterated RatingEqual Weight
i
9/26/2016Royal Bank of CanadaReiterated RatingSector Perform$15.00 ➝ $16.00
i
8/11/2016Raymond JamesReiterated RatingOutperform$17.00 ➝ $17.50
i
8/11/2016TD SecuritiesReiterated RatingHold$16.50 ➝ $16.00
i
8/10/2016ScotiabankReiterated RatingOutperform$16.00
i
7/7/2016BarclaysUpgradeUnderweight ➝ Equal Weight$7.00 ➝ $12.00
i
7/2/2016TD SecuritiesUpgradeReduce ➝ Hold$6.50 ➝ $10.50
i
4/18/2016BarclaysDowngradeEqual Weight ➝ Underweight
i
(Data available from 10/24/2015 forward)
Paramount Resources logo
Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. Its principal properties are the Montney and Duvernay developments covering approximately 3.0 million net acres located in Alberta and British Columbia. The company also invests in public and private corporations. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada.
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Today's Range

Now: $2.02
$2.00
$2.02

50 Day Range

MA: $1.78
$1.55
$1.97

52 Week Range

Now: $2.02
$0.58
$6.00

Volume

5,014 shs

Average Volume

18,475 shs

Market Capitalization

$270.24 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

3.68