▲ +31.02% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Baytex Energy Corp. (BTE.TO) in the last 3 months. The average price target is C$0.94, with a high forecast of C$3.00 and a low forecast of C$0.50. The average price target represents a 31.02% upside from the last price of C$0.72.
The current consensus among 10 contributing investment analysts is to hold stock in Baytex Energy Corp. (BTE.TO). This Hold consensus rating has held steady for over two years.
Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company offers light oil, natural gas liquids, shale and natural gas, heavy gravity crude oil, bitumen, and heavy oil. Its principal oil and natural gas properties include the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta. As of January 20, 2020, it had proved developed producing reserves of 142 million barrels of oil equivalent (mmboe); proved reserves of 314 mmboe; and proved plus probable reserves of 529 mmboe. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.