OTCMKTS:PARXF - Parex Resources Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $28.90
  • Forecasted Upside: 72.54 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$16.75
▼ -0.19 (-1.12%)
1 month | 3 months | 12 months
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Analyst Price Target for PARXF

Average Price Target: $28.90
▲ +72.54% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Parex Resources in the last 3 months. The average price target is $28.90, with a high forecast of $32.00 and a low forecast of $24.00. The average price target represents a 72.54% upside from the last price of $16.75.

Buy

The current consensus among 6 polled investment analysts is to buy stock in Parex Resources. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/28/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/27/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/25/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/23/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/22/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/22/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/21/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/20/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/19/2021Stifel NicolausLower Price TargetBuyC$33.00 ➝ C$32.00
5/18/2021BMO Capital MarketsLower Price TargetOutperformC$32.00 ➝ C$30.00
5/12/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform
5/6/2021National Bank FinancialReiterated RatingOutperform
5/6/2021Stifel NicolausBoost Price TargetBuy$32.00 ➝ $33.00
4/15/2021ScotiabankBoost Price TargetOutperform$30.00 ➝ $31.00
3/22/2021ScotiabankBoost Price TargetOutperform$28.00 ➝ $30.00
3/12/2021ScotiabankBoost Price TargetOutperform$26.00 ➝ $28.00
3/10/2021CIBCBoost Price TargetOutperform$25.00 ➝ $27.50
3/5/2021Stifel NicolausBoost Price TargetBuy$30.00 ➝ $32.00
3/4/2021BMO Capital MarketsBoost Price TargetOutperform$28.00 ➝ $30.00
2/19/2021National Bank FinancialReiterated RatingOutperform
2/8/2021Stifel NicolausBoost Price TargetBuy$28.00 ➝ $30.00
1/14/2021ScotiabankBoost Price TargetOutperform$24.00 ➝ $26.00
1/8/2021Stifel NicolausReiterated RatingBuy
1/6/2021National Bank FinancialInitiated CoverageOutperform
12/16/2020CIBCBoost Price TargetOutperform$22.00 ➝ $25.00
11/6/2020Stifel NicolausLower Price TargetBuy$25.00 ➝ $23.50
8/10/2020Royal Bank of CanadaBoost Price TargetOutperform$23.00 ➝ $24.00
8/6/2020BMO Capital MarketsBoost Price TargetOutperform$24.00 ➝ $25.00
6/26/2020Royal Bank of CanadaBoost Price TargetOutperform$21.00 ➝ $23.00
3/16/2020Royal Bank of CanadaUpgradeOutperform ➝ Top Pick
3/12/2020Stifel NicolausLower Price TargetBuy$34.50 ➝ $27.00
3/2/2020BMO Capital MarketsInitiated CoverageOutperform$28.00
10/21/2019Royal Bank of CanadaSet Price TargetBuy$25.00
8/30/2019Canaccord GenuitySet Price TargetBuy$30.00
11/26/2018GMP SecuritiesReiterated RatingBuy
1/10/2017Canaccord GenuityReiterated RatingBuy
(Data available from 6/20/2016 forward)
Parex Resources logo
Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. The company holds interests in onshore exploration and production blocks totaling approximately 2,323,941 gross acres. As of December 31, 2020, it had proved plus probable reserves of 194,491 million barrels of oil equivalent. The company was incorporated in 2009 and is headquartered in Calgary, Canada.
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Today's Range

Now: $16.75
Low: $16.75
High: $17.04

50 Day Range

MA: $17.72
Low: $16.10
High: $19.35

52 Week Range

Now: $16.75
Low: $9.25
High: $20.25

Volume

4,415 shs

Average Volume

8,729 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Parex Resources?

The following equities research analysts have issued stock ratings on Parex Resources in the last year: BMO Capital Markets, CIBC, National Bank Financial, Royal Bank of Canada, Scotiabank, and Stifel Nicolaus.
View the latest analyst ratings for PARXF.

What is the current price target for Parex Resources?

5 Wall Street analysts have set twelve-month price targets for Parex Resources in the last year. Their average twelve-month price target is $28.90, suggesting a possible upside of 72.5%. Stifel Nicolaus has the highest price target set, predicting PARXF will reach $32.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of $24.00 for Parex Resources in the next year.
View the latest price targets for PARXF.

What is the current consensus analyst rating for Parex Resources?

Parex Resources currently has 1 hold rating and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe PARXF will outperform the market and that investors should add to their positions of Parex Resources.
View the latest ratings for PARXF.

What other companies compete with Parex Resources?

How do I contact Parex Resources' investor relations team?

The company's listed phone number is 403-265-4800. The official website for Parex Resources is www.parexresources.com.