OTCMKTS:PRMRF - Paramount Resources Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $26.75
  • Forecasted Upside: 57.63 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$16.97
▼ -1.03 (-5.72%)

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

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Analyst Price Target for PRMRF

Analyst Price Target is $26.75
▲ +57.63% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Paramount Resources in the last 3 months. The average price target is $26.75, with a high forecast of $31.00 and a low forecast of $19.00. The average price target represents a 57.63% upside from the last price of $16.97.

This chart shows the closing price for PRMRF 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 8 polled investment analysts is to buy stock in Paramount Resources. This rating has held steady since April 2021, when it changed from a Hold 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
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
6/6/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
9/4/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 1 sell ratings
12/3/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 1 sell ratings
3/3/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/1/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
8/30/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/29/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/28/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/5/2021CIBCBoost Price TargetNeutralC$27.00 ➝ C$30.00
11/5/2021BMO Capital MarketsBoost Price TargetOutperformC$25.00 ➝ C$30.00
11/5/2021Royal Bank of CanadaBoost Price TargetSector PerformC$22.00 ➝ C$25.00
11/5/2021Raymond JamesBoost Price TargetOutperformC$25.00 ➝ C$26.00
11/5/2021Stifel NicolausBoost Price TargetBuyC$22.00 ➝ C$31.00
10/15/2021CIBCBoost Price TargetNeutralC$20.00 ➝ C$27.00
10/14/2021ScotiabankBoost Price TargetSector PerformC$19.00 ➝ C$25.00
9/28/2021National BanksharesUpgradeBuy$28.00
9/28/2021National Bank FinancialUpgradeSector Perform ➝ Outperform
9/23/2021Stifel NicolausBoost Price TargetBuyC$20.00 ➝ C$22.00
8/5/2021Stifel NicolausBoost Price TargetBuyC$19.00 ➝ C$20.00
8/5/2021National Bank FinancialBoost Price TargetSector PerformC$18.00 ➝ C$19.00
7/15/2021ScotiabankBoost Price TargetSector PerformC$15.00 ➝ C$19.00
7/14/2021CIBCBoost Price TargetNeutralC$17.00 ➝ C$20.00
6/28/2021Stifel NicolausBoost Price TargetBuyC$18.50 ➝ C$19.00
6/18/2021CIBCBoost Price TargetNeutralC$15.00 ➝ C$17.00
6/18/2021Stifel NicolausBoost Price TargetBuyC$16.75 ➝ C$18.50
6/18/2021ScotiabankUpgradeUnderperform ➝ Sector Perform
5/6/2021Royal Bank of CanadaBoost Price TargetSector Perform$13.00 ➝ $15.00
5/6/2021BMO Capital MarketsBoost Price TargetOutperform$16.00 ➝ $17.00
5/6/2021Raymond JamesBoost Price TargetMarket Perform$10.50 ➝ $12.00
5/6/2021Stifel NicolausBoost Price TargetBuy$14.00 ➝ $16.75
5/6/2021CIBCUpgradeUnderperform ➝ Neutral
4/15/2021ScotiabankBoost Price TargetUnderperform$4.50 ➝ $10.00
3/10/2021CIBCDowngradeNeutral ➝ Underperform
3/4/2021Raymond JamesBoost Price TargetMarket Perform$7.00 ➝ $10.00
3/4/2021BMO Capital MarketsBoost Price TargetOutperform$12.00 ➝ $14.00
3/4/2021Stifel NicolausBoost Price TargetBuy$11.75 ➝ $14.00
3/4/2021CIBCBoost Price TargetNeutral$9.00 ➝ $11.50
2/19/2021National Bank FinancialReiterated RatingSector Perform
2/9/2021Royal Bank of CanadaBoost Price TargetSector Perform$5.00 ➝ $10.00
2/9/2021Stifel NicolausBoost Price TargetBuy$8.75 ➝ $11.75
2/8/2021BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
1/28/2021CIBCBoost Price TargetNeutral$5.00 ➝ $6.50
1/27/2021Stifel NicolausBoost Price TargetBuy$4.50 ➝ $8.75
1/14/2021ScotiabankBoost Price TargetUnderperform$3.50 ➝ $4.50
12/16/2020CIBCBoost Price TargetNeutral$3.50 ➝ $5.00
11/18/2020ScotiabankBoost Price TargetUnderperform$2.25 ➝ $3.50
11/9/2020CIBCBoost Price TargetNeutral$3.00 ➝ $3.50
11/9/2020Stifel NicolausBoost Price TargetBuy$2.50 ➝ $4.50
11/9/2020TD SecuritiesBoost Price TargetHold$2.50 ➝ $3.25
11/6/2020BMO Capital MarketsBoost Price TargetMarket Perform$3.00 ➝ $4.50
10/16/2020National Bank FinancialUpgradeUnderperform ➝ Sector Perform
10/8/2020CIBCUpgradeUnderperform ➝ Neutral
9/16/2020TD SecuritiesBoost Price TargetHold$2.25 ➝ $2.50
8/7/2020Royal Bank of CanadaBoost Price TargetSector Perform$2.00 ➝ $2.25
8/7/2020BMO Capital MarketsBoost Price TargetMarket Perform$2.50 ➝ $3.00
8/7/2020Raymond JamesBoost Price TargetMarket Perform$2.00 ➝ $2.75
8/7/2020TD SecuritiesBoost Price TargetHold$1.65 ➝ $2.25
7/15/2020Raymond JamesReiterated RatingHold$2.00
5/25/2020Royal Bank of CanadaReiterated RatingHold$2.00
5/21/2020Credit Suisse GroupReiterated RatingSell$1.75
4/22/2020Raymond JamesReiterated RatingSell$1.00
4/14/2020Royal Bank of CanadaReiterated RatingHold$2.00
3/20/2020TD SecuritiesReiterated RatingHold$1.30
3/19/2020Stifel NicolausDowngradeHold ➝ Reduce
3/12/2020Raymond JamesDowngradeSell$1.25
12/9/2019CIBCReiterated RatingHold$7.50
11/8/2019Raymond JamesReiterated RatingBuy$8.00
10/15/2019CIBCReiterated RatingHold$6.50
7/15/2019Credit Suisse GroupInitiated CoverageUnderperform
3/7/2019BMO Capital MarketsReiterated RatingHold
12/13/2018GMP SecuritiesDowngradeHold ➝ Reduce
12/10/2018Tudor PickeringDowngradeBuy ➝ Hold
12/4/2018MacquarieDowngradeOutperform ➝ Neutral
11/21/2018CIBCReiterated RatingHold
11/13/2018ScotiabankReiterated RatingHold
11/12/2018CIBCReiterated RatingHold
11/12/2018Royal Bank of CanadaReiterated RatingHold
11/9/2018TD SecuritiesReiterated RatingHold
11/9/2018BMO Capital MarketsReiterated RatingBuy
1/11/2018BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
(Data available from 11/28/2016 forward)

News Sentiment Rating

0.25 (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
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/2/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/1/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/1/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/31/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/30/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/29/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/29/2021
  • 0 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/28/2021

Current Sentiment

  • 0 very positive mentions
  • 10 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.

Very Positive

  • No very positive mentions tracked during this time.
Paramount Resources logo
Paramount Resources Ltd. explores and develops both conventional and unconventional petroleum and natural gas resources. It operates through the following regions: Grande Prairie Region, Kaybob Region and Central Alberta and Other Region. The company was founded by Clayton H. Riddell on February 14, 1978 and is headquartered in Calgary, Canada.
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Today's Range

Now: $16.97
Low: $16.89
High: $17.15

50 Day Range

MA: $16.42
Low: $12.33
High: $20.14

52 Week Range

Now: $16.97
Low: $2.84
High: $20.14

Volume

7,213 shs

Average Volume

10,477 shs

Market Capitalization

$2.29 billion

P/E Ratio

6.82

Dividend Yield

3.22%

Beta

3.52

Frequently Asked Questions

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

The following sell-side analysts have issued stock ratings on Paramount Resources in the last twelve months: BMO Capital Markets, CIBC, National Bank Financial, National Bankshares, Inc., Raymond James, Royal Bank of Canada, Scotiabank, and Stifel Nicolaus.
View the latest analyst ratings for PRMRF.

What is the current price target for Paramount Resources?

8 Wall Street analysts have set twelve-month price targets for Paramount Resources in the last year. Their average twelve-month price target is $26.75, suggesting a possible upside of 57.6%. Stifel Nicolaus has the highest price target set, predicting PRMRF will reach $31.00 in the next twelve months. National Bank Financial has the lowest price target set, forecasting a price of $19.00 for Paramount Resources in the next year.
View the latest price targets for PRMRF.

What is the current consensus analyst rating for Paramount Resources?

Paramount Resources currently has 3 hold ratings and 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe PRMRF will outperform the market and that investors should add to their positions of Paramount Resources.
View the latest ratings for PRMRF.

What other companies compete with Paramount Resources?

How do I contact Paramount Resources' investor relations team?

Paramount Resources' physical mailing address is 421 SEVENTH AVENUE SW SUITE 2800, CALGARY A0, T2P 4K9. The company's listed phone number is (403) 290-3600 and its investor relations email address is [email protected] The official website for Paramount Resources is www.paramountres.com.