OTCMKTS:PRMRF - Paramount Resources Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $5.63
  • Forecasted Upside: -38.93 %
  • Number of Analysts: 9
  • Breakdown:
  • 2 Sell Ratings
  • 5 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$9.21
▲ +0.34 (3.83%)
1 month | 3 months | 12 months
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Analyst Price Target for PRMRF

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$5.63
▼ -38.93% Downside Potential
This price target is based on 9 analysts offering 12 month price targets for Paramount Resources in the last 3 months. The average price target is $5.63, with a high forecast of $11.75 and a low forecast of $1.75. The average price target represents a -38.93% upside from the last price of $9.21.
Hold
The current consensus among 9 polled investment analysts is to hold stock in Paramount Resources. This Hold 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
  • 5 hold ratings
  • 3 sell ratings
9/4/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 2 sell ratings
12/3/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
3/2/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 4 hold ratings
  • 1 sell ratings
5/31/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings
8/29/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 2 sell ratings
11/27/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 2 sell ratings
1/26/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 2 sell ratings
2/25/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetDetails
2/19/2021National Bank FinancialReiterated RatingSector Perform
i
2/9/2021Royal Bank of CanadaBoost Price TargetSector Perform$5.00 ➝ $10.00
i
2/9/2021Stifel NicolausBoost Price TargetBuy$8.75 ➝ $11.75
i
2/8/2021BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
i
1/28/2021CIBCBoost Price TargetNeutral$5.00 ➝ $6.50
i
1/27/2021Stifel NicolausBoost Price TargetBuy$4.50 ➝ $8.75
i
1/14/2021ScotiabankBoost Price TargetUnderperform$3.50 ➝ $4.50
i
12/16/2020CIBCBoost Price TargetNeutral$3.50 ➝ $5.00
i
11/18/2020ScotiabankBoost Price TargetUnderperform$2.25 ➝ $3.50
i
11/9/2020CIBCBoost Price TargetNeutral$3.00 ➝ $3.50
i
11/9/2020Stifel NicolausBoost Price TargetBuy$2.50 ➝ $4.50
i
11/9/2020TD SecuritiesBoost Price TargetHold$2.50 ➝ $3.25
i
11/6/2020BMO Capital MarketsBoost Price TargetMarket Perform$3.00 ➝ $4.50
i
10/16/2020National Bank FinancialUpgradeUnderperform ➝ Sector Perform
i
10/8/2020CIBCUpgradeUnderperform ➝ Neutral
i
9/16/2020TD SecuritiesBoost Price TargetHold$2.25 ➝ $2.50
i
8/7/2020Royal Bank of CanadaBoost Price TargetSector Perform$2.00 ➝ $2.25
i
8/7/2020BMO Capital MarketsBoost Price TargetMarket Perform$2.50 ➝ $3.00
i
8/7/2020Raymond JamesBoost Price TargetMarket Perform$2.00 ➝ $2.75
i
Rating by Chris Cox at Raymond James
8/7/2020TD SecuritiesBoost Price TargetHold$1.65 ➝ $2.25
i
7/15/2020Raymond JamesReiterated RatingHold$2.00
i
Rating by Chris Cox at Raymond James
5/25/2020Royal Bank of CanadaReiterated RatingHold$2.00
i
5/21/2020Credit Suisse GroupReiterated RatingSell$1.75
i
4/22/2020Raymond JamesReiterated RatingSell$1.00
i
Rating by Chris Cox at Raymond James
4/14/2020Royal Bank of CanadaReiterated RatingHold$2.00
i
3/20/2020TD SecuritiesReiterated RatingHold$1.30
i
3/19/2020Stifel NicolausDowngradeHold ➝ Reduce
i
3/12/2020Raymond JamesDowngradeSell$1.25
i
12/9/2019CIBCReiterated RatingHold$7.50
i
Rating by Jamie Kubik at CIBC
11/8/2019Raymond JamesReiterated RatingBuy$8.00
i
10/15/2019CIBCReiterated RatingHold$6.50
i
7/15/2019Credit Suisse GroupInitiated CoverageUnderperform
i
3/7/2019BMO Capital MarketsReiterated RatingHold
i
Rating by Ray Kwan at BMO Capital Markets
12/13/2018GMP SecuritiesDowngradeHold ➝ Reduce
i
12/10/2018Tudor PickeringDowngradeBuy ➝ Hold
i
12/4/2018MacquarieDowngradeOutperform ➝ Neutral
i
11/21/2018CIBCReiterated RatingHold
i
Rating by Jamie Kubik at CIBC
11/13/2018ScotiabankReiterated RatingHold
i
11/12/2018CIBCReiterated RatingHold
i
Rating by Jamie Kubik at CIBC
11/12/2018Royal Bank of CanadaReiterated RatingHold
i
11/9/2018TD SecuritiesReiterated RatingHold
i
Rating by Juan Jarrah at TD Securities
11/9/2018BMO Capital MarketsReiterated RatingBuy
i
Rating by Ray Kwan at BMO Capital Markets
1/11/2018BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
i
11/21/2016ScotiabankReiterated RatingOutperform$18.00
i
9/26/2016ScotiabankReiterated RatingOutperform$16.00 ➝ $18.00
i
9/26/2016BarclaysReiterated RatingEqual Weight
i
9/26/2016Royal Bank of CanadaReiterated RatingSector Perform$15.00 ➝ $16.00
i
8/11/2016Raymond JamesReiterated RatingOutperform$17.00 ➝ $17.50
i
8/11/2016TD SecuritiesReiterated RatingHold$16.50 ➝ $16.00
i
8/10/2016ScotiabankReiterated RatingOutperform$16.00
i
7/7/2016BarclaysUpgradeUnderweight ➝ Equal Weight$7.00 ➝ $12.00
i
7/2/2016TD SecuritiesUpgradeReduce ➝ Hold$6.50 ➝ $10.50
i
4/18/2016BarclaysDowngradeEqual Weight ➝ Underweight
i
(Data available from 2/25/2016 forward)
Paramount Resources logo
Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. Its principal properties are the Montney and Duvernay developments located in Alberta and British Columbia. The company also invests in public and private corporations. Paramount Resources Ltd. was founded in 1976 and is based in Calgary, Canada.
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Today's Range

Now: $9.21
$9.12
$9.25

50 Day Range

MA: $6.16
$4.33
$8.87

52 Week Range

Now: $9.21
$0.58
$9.37

Volume

8,182 shs

Average Volume

20,825 shs

Market Capitalization

$1.24 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

3.85

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, Credit Suisse Group AG, National Bank Financial, Raymond James, Royal Bank of Canada, Scotiabank, Stifel Nicolaus, and TD Securities.
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 $5.63, suggesting a possible downside of 38.9%. Stifel Nicolaus has the highest price target set, predicting PRMRF will reach $11.75 in the next twelve months. Credit Suisse Group AG has the lowest price target set, forecasting a price of $1.75 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 2 sell ratings, 5 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in PRMRF, but not buy more shares or sell existing shares.
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.