OTCMKTS:PSYTF - Pason Systems Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $10.58
  • Forecasted Upside: 33.29 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$7.94
+0.30 (1.20%)
1 month | 3 months | 12 months
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Analyst Price Target for PSYTF

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.
$10.58
▲ +33.29% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Pason Systems in the last 3 months. The average price target is $10.58, with a high forecast of $12.00 and a low forecast of $9.75. The average price target represents a 33.29% upside from the last price of $7.94.
Hold
The current consensus among 5 polled investment analysts is to hold stock in Pason Systems. This rating changed within the last month from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/12/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/11/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/10/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/8/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
9/6/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/5/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/3/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/5/2021

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetDetails
3/1/2021National Bank FinancialReiterated RatingOutperform
i
2/26/2021Stifel NicolausBoost Price TargetHold$8.75 ➝ $9.75
i
2/26/2021BMO Capital MarketsBoost Price TargetMarket Perform$9.00 ➝ $10.00
i
2/26/2021Royal Bank of CanadaBoost Price TargetSector Perform$10.00 ➝ $12.00
i
1/15/2021National Bank FinancialUpgradeSector Perform ➝ Outperform
i
11/19/2020BarclaysInitiated CoverageOverweight
i
8/21/2020Royal Bank of CanadaInitiated CoverageSector Perform
i
8/9/2020BMO Capital MarketsDowngradeOutperform ➝ Market Perform
i
6/15/2020National Bank FinancialDowngradeOutperform ➝ Sector Perform
i
(Data available from 3/6/2016 forward)
Pason Systems logo
Pason Systems Inc. provides instrumentation and data management systems for drilling rigs. The company offers Electronic AutoDriller, which maximizes the rate of penetration by monitoring various drilling parameters; Electronic Choke Actuator that provides a means of remotely controlling the choke valve; and Electronic Drilling Recorder, a drilling recorder. It also provides Pit Volume Totalizer, a well control system; ExxonMobil DAS, a drilling automation package; Gas Analyzer to detect the changes in relative volumes of hydrocarbon gases; Hazardous Gas Alarm System, which detects the presence of combustible gases and offers visible and audible alerts; Rig Communications that provides remote data communications for drillers; Rig Display, a touch screen computer to access services and applications on and around the rig floor; and SideKick, a rig floor computer, which allows for data entry and displays information around the rig. In addition, the company offers DataHub, a Web application, which collects, stores, and displays drilling data, reports, and real-time information for remote access; Directional System, an application that enables directional drillers to monitor and manage multiple wells; and Drilling Guidance System, which provides real-time guidance. Further, it offers Pason Live, a Web-based data viewer, which provides visualization tools that display real-time drilling data; Tour Sheet Analytics that delivers insight into the data; WellView Field Solution, a corporate well file, which begins at the request to drill and follows through to the well completion; and VERDAZO visual analytics software, as well as training and maintenance services. The company serves operators and contractors. It has operations in Canada, the United States, and internationally. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada.
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Today's Range

Now: $7.94
$7.94
$7.94

50 Day Range

MA: $7.08
$6.56
$7.94

52 Week Range

Now: $7.94
$3.65
$9.17

Volume

N/A

Average Volume

3,167 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 Pason Systems?

The following sell-side analysts have issued research reports on Pason Systems in the last twelve months: Barclays PLC, BMO Capital Markets, National Bank Financial, Royal Bank of Canada, and Stifel Nicolaus.
View the latest analyst ratings for PSYTF.

What is the current price target for Pason Systems?

3 Wall Street analysts have set twelve-month price targets for Pason Systems in the last year. Their average twelve-month price target is $10.58, suggesting a possible upside of 33.3%. Royal Bank of Canada has the highest price target set, predicting PSYTF will reach $12.00 in the next twelve months. Stifel Nicolaus has the lowest price target set, forecasting a price of $9.75 for Pason Systems in the next year.
View the latest price targets for PSYTF.

What is the current consensus analyst rating for Pason Systems?

Pason Systems currently has 3 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 PSYTF, but not buy more shares or sell existing shares.
View the latest ratings for PSYTF.

What other companies compete with Pason Systems?

How do I contact Pason Systems' investor relations team?

The company's listed phone number is 403 301 3400. The official website for Pason Systems is www.pason.com.