OTCMKTS:PARXF - Parex Resources Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $36.00
  • Forecasted Upside: 117.85 %
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$16.53
▼ -0.365 (-2.16%)

This chart shows the closing price for PARXF by one month, three months, or twelve months.

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Analyst Price Target for PARXF

Analyst Price Target is $36.00
▲ +117.85% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Parex Resources in the last 3 months. The average price target is $36.00, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 117.85% upside from the last price of $16.53.

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

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Current Consensus is Buy

The current consensus among 4 contributing investment analysts is to buy stock in Parex Resources. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/12/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/12/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/11/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/9/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/7/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/7/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/6/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/6/2022

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/30/2022Stifel NicolausLower Price TargetC$42.00 ➝ C$39.00
6/8/2022ScotiabankBoost Price TargetC$37.00 ➝ C$38.00
5/12/2022Stifel NicolausBoost Price TargetC$40.00 ➝ C$42.00
4/18/2022ScotiabankBoost Price TargetC$36.00 ➝ C$37.00
3/2/2022Stifel NicolausBoost Price TargetC$37.50 ➝ C$40.00
2/7/2022Stifel NicolausBoost Price TargetC$36.50 ➝ C$37.50
2/4/2022Royal Bank of CanadaBoost Price TargetC$32.00 ➝ C$34.00
2/3/2022BMO Capital MarketsBoost Price TargetC$34.00 ➝ C$36.00
11/4/2021National Bank FinancialLower Price TargetOutperformC$35.00 ➝ C$33.00
11/4/2021Stifel NicolausBoost Price TargetBuyC$34.00 ➝ C$36.50
10/14/2021ScotiabankBoost Price TargetOutperformC$34.00 ➝ C$35.00
9/29/2021National Bank FinancialBoost Price TargetOutperformC$34.00 ➝ C$35.00
9/2/2021Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$28.00
8/5/2021Stifel NicolausLower Price TargetBuyC$35.00 ➝ C$34.00
8/5/2021National Bank FinancialLower Price TargetOutperformC$36.00 ➝ C$34.00
7/15/2021ScotiabankBoost Price TargetOutperformC$32.00 ➝ C$34.00
7/8/2021National Bank FinancialBoost Price TargetOutperform ➝ OutperformC$35.00 ➝ C$36.00
7/8/2021Stifel NicolausBoost Price TargetBuyC$33.00 ➝ C$35.00
7/8/2021ScotiabankBoost Price TargetOutperformC$31.00 ➝ C$32.00
6/28/2021Stifel NicolausBoost Price TargetBuyC$32.00 ➝ C$33.00
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
11/26/2018GMP SecuritiesReiterated RatingBuy
(Data available from 7/6/2017 forward)

News Sentiment Rating

-0.35 (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

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  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/8/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/7/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/6/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/8/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/7/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/7/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/6/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/6/2022

Current Sentiment

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

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

  • No positive mentions tracked during this time.

Very Positive

  • No very positive mentions tracked during this time.
Parex Resources logo
Parex Resources Inc. engages in the exploration, development, production of oil and natural gas in Colombia. The company holds interests in onshore exploration and production blocks totaling approximately 6,521,632 gross acres. As of December 31, 2021, it had proved plus probable reserves of 198,825 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: $16.53
Low: $16.51
High: $16.88

50 Day Range

MA: $19.73
Low: $15.97
High: $23.88

52 Week Range

Now: $16.53
Low: $13.71
High: $23.88

Volume

1,717 shs

Average Volume

7,948 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, 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?

0 Wall Street analysts have set twelve-month price targets for Parex Resources in the last year. Their average twelve-month price target is $36.00, suggesting a possible upside of 117.9%.
View the latest price targets for PARXF.

What is the current consensus analyst rating for Parex Resources?

Parex Resources currently has 4 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.

How do I contact Parex Resources' investor relations team?

Parex Resources' physical mailing address is 2700 Eighth Avenue Place, Calgary, AB T2P. The company's listed phone number is (403) 265-4800. The official website for Parex Resources is www.parexresources.com. Learn More about contacing Parex Resources investor relations.