Average Price Target: $7.03
▲ +25.72% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Peyto Exploration & Development in the last 3 months. The average price target is $7.03, with a high forecast of $10.00 and a low forecast of $4.00. The average price target represents a 25.72% upside from the last price of $5.59.
The current consensus among 10 polled investment analysts is to buy stock in Peyto Exploration & Development. This rating has held steady since December 2020, when it changed from a Hold consensus rating.
Peyto Exploration & Development Corp. engages in the exploration, development, and production of oil and natural gas, and natural gas liquids in Deep Basin of Alberta. As of December 31, 2020, it had a total proved plus probable reserves of 834 million barrels of oil equivalent. The company was formerly known as Peyto Energy Trust and changed its name to Peyto Exploration & Development Corp. in January 2011. Peyto Exploration & Development Corp. was founded in 1998 and is headquartered in Calgary, Canada.