OTCMKTS:SRMLF - Storm Resources Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $3.85
  • Forecasted Upside: 16.34 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$3.31
+0.30 (1.20%)
1 month | 3 months | 12 months
Get New Storm Resources Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for SRMLF and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for SRMLF

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.
$3.85
▲ +16.34% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Storm Resources in the last 3 months. The average price target is $3.85, with a high forecast of $5.50 and a low forecast of $2.25. The average price target represents a 16.34% upside from the last price of $3.31.

Buy

The current consensus among 5 contributing investment analysts is to buy stock in Storm Resources.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/24/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/23/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/21/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/19/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/18/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/18/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/17/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/16/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/14/2021National Bank FinancialBoost Price TargetSector Perform$4.00 ➝ $4.50
i
Rating by Dan Payne at National Bank Financial
5/13/2021Stifel NicolausBoost Price TargetBuy$4.75 ➝ $5.50
i
3/10/2021CIBCBoost Price TargetOutperform$3.50 ➝ $4.00
i
3/4/2021Stifel NicolausBoost Price TargetBuy$3.75 ➝ $4.75
i
3/4/2021CIBCBoost Price TargetOutperform$3.00 ➝ $3.50
i
3/4/2021Raymond JamesUpgradeMarket Perform ➝ Outperform
i
2/19/2021National Bank FinancialReiterated RatingSector Perform
i
11/12/2020Royal Bank of CanadaBoost Price TargetOutperform$2.75 ➝ $3.00
i
11/12/2020Raymond JamesBoost Price TargetMarket Perform$1.75 ➝ $2.25
i
10/16/2020National Bank FinancialDowngradeOutperform ➝ Sector Perform
i
10/8/2020CIBCBoost Price Target$2.75 ➝ $3.00
i
8/14/2020CIBCBoost Price TargetOutperform$2.50 ➝ $2.75
i
5/21/2020CIBCBoost Price TargetNeutral$1.50 ➝ $1.75
i
5/14/2020CIBCBoost Price TargetNeutral$1.25 ➝ $1.50
i
(Data available from 6/16/2016 forward)
Storm Resources logo
Storm Resources Ltd. operates as a crude oil and natural gas exploration and development company in Canada. The company primarily owns interests in lands covering an area of 120,000 net acres located in Umbach, Nig Creek, and Fireweed areas of Northeast British Columbia. As of December 31, 2020, it had 49,134 thousand barrels of oil equivalent of total proved plus probable reserves. Storm Resources Ltd. was incorporated in 2010 and is headquartered in Calgary, Canada.
Read More

Today's Range

Now: $3.31
$3.31
$3.31

50 Day Range

MA: $2.63
$2.25
$3.31

52 Week Range

Now: $3.31
$1.03
$3.31

Volume

N/A

Average Volume

7,255 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 Storm Resources?

The following Wall Street analysts have issued reports on Storm Resources in the last twelve months: CIBC, National Bank Financial, Raymond James, Royal Bank of Canada, and Stifel Nicolaus.
View the latest analyst ratings for SRMLF.

What is the current price target for Storm Resources?

5 Wall Street analysts have set twelve-month price targets for Storm Resources in the last year. Their average twelve-month price target is $3.85, suggesting a possible upside of 16.3%. Stifel Nicolaus has the highest price target set, predicting SRMLF will reach $5.50 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of $2.25 for Storm Resources in the next year.
View the latest price targets for SRMLF.

What is the current consensus analyst rating for Storm Resources?

Storm Resources currently has 1 hold rating and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe SRMLF will outperform the market and that investors should add to their positions of Storm Resources.
View the latest ratings for SRMLF.

What other companies compete with Storm Resources?

How do I contact Storm Resources' investor relations team?

The company's listed phone number is 403-817-6145. The official website for Storm Resources is www.stormresourcesltd.com.