▲ +51.25% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for ARC Resources in the last 3 months. The average price target is C$11.19, with a high forecast of C$14.00 and a low forecast of C$9.00. The average price target represents a 51.25% upside from the last price of C$7.40.
The current consensus among 9 investment analysts is to buy stock in ARC Resources. This Buy consensus rating has held steady for over two years.
ARC Resources Ltd. explores, develops, and produces crude oil, natural gas, and natural gas liquids in Canada. The company holds interests in the Montney properties located in northeast British Columbia and northern Alberta; and Pembina Cardium properties in central Alberta. As of December 31, 2020, it had proved plus probable reserves of 929 millions of barrels of oil equivalent. ARC Resources Ltd. was founded in 1996 and is headquartered in Calgary, Canada.