Analyst Price Target is C$32.41
▲ +30.58% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for ARC Resources in the last 3 months. The average price target is C$32.41, with a high forecast of C$35.50 and a low forecast of C$28.00. The average price target represents a 30.58% upside from the last price of C$24.82.
Current Consensus is
Moderate Buy
The current consensus among 10 contributing investment analysts is to moderate buy stock in ARC Resources. This rating changed within the last month from a Buy consensus rating.
ARC Resources is an independent energy company engaged in the acquisition, exploration, development, and production of conventional oil and natural gas in Western Canada. The company produces light, medium, and heavy crude, condensate, natural gas liquids, and natural gas. Production averaged 163.6 thousand barrels of oil equivalent per day in 2020, and the company estimates that it holds approximately 879 million boe of proven and probable crude oil and natural gas reserves.
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