▲ +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.
The current consensus among 8 investment analysts is to hold stock in Paramount Resources.
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.