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Baytex Energy - BTE Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $5.50
  • Forecasted Upside: 87.71%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$2.93 As of 10/22/2024 01:00 AM ET
+0 (0.00%)
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Analyst Price Target for BTE

Analyst Price Target is $5.50
▲ +87.71% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Baytex Energy in the last 3 months. The average price target is $5.50, with a high forecast of $5.50 and a low forecast of $5.50. The average price target represents a 87.71% upside from the last price of $2.93.

This chart shows the closing price for BTE for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Hold

The current consensus among 3 investment analysts is to hold stock in Baytex Energy. This rating changed within the last month from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/2/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/31/2023
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/29/2023
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/27/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
4/26/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/25/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/23/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/23/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/18/2024Raymond JamesInitiated CoverageMarket Perform$5.50
10/17/2024Raymond JamesUpgradeHold
4/9/2024BMO Capital MarketsInitiated CoverageMarket Perform
11/3/2023National Bank FinancialUpgradeSector Perform ➝ Outperform
10/13/2023Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$8.50
9/28/2023BMO Capital MarketsUpgradeMarket Perform ➝ Outperform$5.50 ➝ $7.50
9/25/2023Royal Bank of CanadaReiterated RatingOutperform ➝ Outperform$8.00
7/21/2023Canaccord Genuity GroupInitiated CoverageBuy
7/14/2023Stifel NicolausUpgradeHold ➝ Buy
4/27/2023Atb Cap MarketsReiterated RatingOutperform
4/11/2023Royal Bank of CanadaUpgradeSector Perform ➝ Outperform
3/1/2023Raymond JamesDowngradeOutperform ➝ Market Perform
3/1/2023TD SecuritiesUpgradeHold ➝ Buy
4/14/2022National Bank FinancialUpgradeSector Perform ➝ Outperform
6/7/2021Royal Bank of CanadaBoost TargetSector Perform$1.80 ➝ $2.20
3/16/2021Raymond JamesUpgradeMarket Perform ➝ Outperform
1/15/2021Raymond JamesUpgradeUnderperform ➝ Market Perform
12/4/2020TD SecuritiesBoost TargetHold$0.55 ➝ $0.75
12/3/2020Raymond JamesBoost TargetUnderperform$0.50 ➝ $0.70
12/3/2020BMO Capital MarketsBoost TargetMarket Perform$0.60 ➝ $0.75
10/13/2020ScotiabankLower TargetUnderperform$0.75 ➝ $0.70
10/8/2020CIBCLower Target$0.85 ➝ $0.75
8/2/2020Royal Bank of CanadaReiterated RatingHold$0.70
7/14/2020Credit Suisse GroupBoost TargetNeutral$0.60 ➝ $0.70
6/26/2020Raymond JamesBoost TargetUnderperform$0.30 ➝ $0.40
6/26/2020Eight CapitalUpgradeNeutral ➝ Buy$1.15
6/15/2020ScotiabankBoost TargetUnderperform$0.60 ➝ $0.65
5/8/2020Tudor PickeringReiterated RatingHold$0.50
4/7/2020ScotiabankDowngradeSector Perform ➝ Sector Underperform
3/24/2020Credit Suisse GroupDowngradeOutperform ➝ Neutral
3/20/2020Royal Bank of CanadaLower TargetSector Perform$0.80 ➝ $0.60
3/19/2020Stifel FirstegyDowngradeBuy ➝ Hold
3/19/2020Stifel NicolausDowngradeBuy ➝ Hold$0.40
3/19/2020ScotiabankDowngradeOutperform ➝ Sector Perform
3/13/2020TD SecuritiesDowngradeBuy ➝ Hold
3/11/2020National Bank FinancialDowngradeOutperform ➝ Sector Perform
3/4/2020Tudor PickeringReiterated RatingHold
2/6/2020Stifel FirstegyReiterated RatingBuy
1/22/2020CIBCReiterated RatingBuy
12/6/2019Credit Suisse GroupLower TargetOutperform$3.50 ➝ $3.00
11/4/2019Raymond JamesReiterated RatingHold$2.00
10/25/2019Raymond JamesDowngradeOutperform ➝ Market Perform$2.00
(Data available from 10/23/2019 forward)

News Sentiment Rating

0.34 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/26/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/25/2024
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/25/2024
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/24/2024
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/23/2024
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/23/2024

Current Sentiment

  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Baytex Energy logo
Baytex Energy Corp. is an oil & gas exploration and production company. The firm engages in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company was founded on June 3, 1993 and is headquartered in Calgary, Canada.
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Today's Range

Now: $2.93
Low: $2.92
High: $2.98

50 Day Range

MA: $0.44
Low: $0.30
High: $0.57

52 Week Range

Now: $2.93
Low: $0.19
High: $1.62

Volume

18,007,260 shs

Average Volume

12,942,029 shs

Market Capitalization

$2.31 billion

P/E Ratio

N/A

Dividend Yield

2.10%

Beta

1.91

Frequently Asked Questions

What sell-side analysts currently cover shares of Baytex Energy?

The following Wall Street research analysts have issued stock ratings on Baytex Energy in the last twelve months: BMO Capital Markets, National Bank Financial, and Raymond James.
View the latest analyst ratings for BTE.

What is the current price target for Baytex Energy?

1 Wall Street analysts have set twelve-month price targets for Baytex Energy in the last year. Their average twelve-month price target is $5.50, suggesting a possible upside of 87.7%. Raymond James has the highest price target set, predicting BTE will reach $5.50 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $5.50 for Baytex Energy in the next year.
View the latest price targets for BTE.

What is the current consensus analyst rating for Baytex Energy?

Baytex Energy currently has 2 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in BTE, but not buy more shares or sell existing shares.
View the latest ratings for BTE.

What other companies compete with Baytex Energy?

Other companies that are similar to Baytex Energy include Transocean, Valaris, Helmerich & Payne, Patterson-UTI Energy and HighPeak Energy. Learn More about companies similar to Baytex Energy.

How do I contact Baytex Energy's investor relations team?

Baytex Energy's physical mailing address is 2800 520 3RD AVE SW, CALGARY A0, T2P 0R3. The oil and gas producer's listed phone number is (587) 952-3000 and its investor relations email address is [email protected]. The official website for Baytex Energy is www.baytexenergy.com. Learn More about contacing Baytex Energy investor relations.