Average Price Target: $1.79
▲ +1.56% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Baytex Energy in the last 3 months. The average price target is $1.79, with a high forecast of $2.25 and a low forecast of $1.50. The average price target represents a 1.56% upside from the last price of $1.76.
The current consensus among 9 contributing investment analysts is to hold stock in Baytex Energy.
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, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. 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 December 31, 2020, it had proved developed producing reserves of 120 million barrels of oil equivalent (mmboe); proved reserves of 271 mmboe; and proved plus probable reserves of 462 mmboe. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.