TSE:BTE - Baytex Energy Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$1.71
  • Forecasted Upside: -21.85 %
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 7 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
C$2.19
▲ +0.09 (4.29%)
1 month | 3 months | 12 months
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Analyst Price Target for BTE

Average Price Target: C$1.71
▼ -21.85% Downside Potential
This price target is based on 10 analysts offering 12 month price targets for Baytex Energy in the last 3 months. The average price target is C$1.71, with a high forecast of C$2.25 and a low forecast of C$0.70. The average price target represents a -21.85% upside from the last price of C$2.19.

Hold

The current consensus among 10 contributing investment analysts is to hold stock in Baytex Energy. 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
  • 3 hold ratings
  • 0 sell ratings
12/28/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings
3/27/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 8 hold ratings
  • 0 sell ratings
6/25/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 8 hold ratings
  • 0 sell ratings
9/23/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 0 sell ratings
12/22/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
3/22/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 6 hold ratings
  • 0 sell ratings
5/21/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 0 sell ratings
6/20/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/9/2021ScotiabankUpgradeUnderperform ➝ Sector PerformC$1.75 ➝ C$2.25
6/7/2021Royal Bank of CanadaBoost Price TargetSector PerformC$1.80 ➝ C$2.20
5/3/2021CIBCReiterated RatingNeutralC$1.75
5/3/2021Royal Bank of CanadaBoost Price TargetOutperformC$1.50 ➝ C$1.80
4/30/2021National Bank FinancialBoost Price TargetSector PerformC$1.75 ➝ C$2.00
4/30/2021National BanksharesBoost Price TargetSector PerformC$1.75 ➝ C$2.00
4/30/2021Raymond JamesBoost Price TargetOutperformC$1.75 ➝ C$2.25
4/30/2021TD SecuritiesBoost Price TargetHoldC$1.50 ➝ C$1.65
4/30/2021ATB CapitalUpgradeUnderperform ➝ Sector PerformC$1.60 ➝ C$1.75
4/30/2021ScotiabankBoost Price TargetC$1.60 ➝ C$1.75
4/15/2021ScotiabankBoost Price TargetC$1.00 ➝ C$1.60
4/14/2021CIBCLower Price TargetNeutralC$2.00 ➝ C$1.75
3/31/2021Canaccord GenuityBoost Price TargetOutperformC$1.25 ➝ C$1.50
3/17/2021Raymond JamesBoost Price TargetMarket Perform ➝ OutperformC$1.25 ➝ C$1.75
3/15/2021BMO Capital MarketsBoost Price TargetNAC$1.50 ➝ C$1.75
2/26/2021Royal Bank of CanadaBoost Price TargetSector PerformC$1.20 ➝ C$1.50
2/25/2021Raymond JamesBoost Price TargetMarket PerformC$1.00 ➝ C$1.25
2/25/2021TD SecuritiesBoost Price TargetHoldC$0.90 ➝ C$1.30
2/25/2021National Bank FinancialBoost Price TargetSector PerformC$1.50 ➝ C$1.75
2/25/2021BMO Capital MarketsBoost Price TargetNAC$1.00 ➝ C$1.50
2/19/2021National Bank FinancialBoost Price TargetC$1.00 ➝ C$1.50
2/17/2021Eight CapitalBoost Price TargetBuyC$1.75
1/15/2021Raymond JamesUpgradeUnderperform ➝ Market PerformC$0.70 ➝ C$1.00
1/11/2021ATB CapitalBoost Price TargetC$0.70 ➝ C$0.85
1/7/2021Canaccord GenuityBoost Price TargetUnderpeformC$0.75 ➝ C$1.00
12/16/2020CIBCBoost Price TargetC$0.75 ➝ C$1.00
12/4/2020TD SecuritiesBoost Price TargetHoldC$0.55 ➝ C$0.75
12/3/2020Raymond JamesBoost Price TargetUnderperformC$0.50 ➝ C$0.70
12/3/2020Canaccord GenuityBoost Price TargetUnderperformC$0.60 ➝ C$0.75
11/3/2020Raymond JamesSet Price TargetUnderperformC$0.50
11/3/2020Canaccord GenuityLower Price TargetC$0.65 ➝ C$0.60
10/14/2020Raymond JamesLower Price TargetUnderperformC$0.65 ➝ C$0.50
10/13/2020ScotiabankLower Price TargetC$0.75 ➝ C$0.70
10/6/2020Canaccord GenuityLower Price TargetC$0.85 ➝ C$0.65
7/31/2020Raymond JamesSet Price TargetUnderperformC$0.65
7/30/2020National Bank FinancialBoost Price TargetSector PerformC$0.75 ➝ C$0.90
7/16/2020CIBCBoost Price TargetC$0.75 ➝ C$0.85
7/15/2020Raymond JamesBoost Price TargetUnderperformC$0.40 ➝ C$0.65
7/14/2020Credit Suisse GroupBoost Price TargetC$0.60 ➝ C$0.70
7/14/2020CSFBBoost Price TargetC$0.60 ➝ C$0.70
7/10/2020ATB CapitalBoost Price TargetC$0.55 ➝ C$0.60
6/26/2020Raymond JamesBoost Price TargetUnderperformC$0.30 ➝ C$0.40
6/26/2020Eight CapitalUpgradeNeutral ➝ Buy
6/24/2020National Bank FinancialBoost Price TargetSector PerformC$0.50 ➝ C$0.75
6/15/2020ScotiabankBoost Price TargetC$0.60 ➝ C$0.65
5/8/2020Tudor PickeringReiterated RatingHoldC$0.50
5/8/2020Raymond JamesSet Price TargetUnderperformC$0.30
5/8/2020Tudor Pickering & HoltSet Price TargetHoldC$0.50
4/22/2020Raymond JamesLower Price TargetUnderperformC$0.40 ➝ C$0.30
4/22/2020CIBCLower Price TargetC$1.00 ➝ C$0.75
3/25/2020Raymond JamesLower Price TargetUnderperformC$0.50 ➝ C$0.40
3/25/2020CSFBDowngradeOutperform ➝ Neutral
3/22/2020Royal Bank of CanadaLower Price TargetSector PerformC$0.80 ➝ C$0.60
3/20/2020TD SecuritiesLower Price TargetHoldC$0.65 ➝ C$0.50
3/19/2020Stifel FirstegyDowngradeBuy ➝ Hold
3/19/2020Raymond JamesLower Price TargetUnderperformC$0.75 ➝ C$0.50
3/19/2020National Bank FinancialLower Price TargetSector PerformC$1.00 ➝ C$0.50
3/19/2020Eight CapitalLower Price TargetC$1.00 ➝ C$0.50
3/19/2020ScotiabankDowngradeOutperform ➝ Sector PerformC$3.25 ➝ C$0.75
3/16/2020Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$2.50 ➝ C$0.80
3/13/2020TD SecuritiesDowngradeBuy ➝ HoldC$2.60 ➝ C$0.65
3/12/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformC$2.00 ➝ C$0.75
3/10/2020National Bank FinancialDowngradeOutperform ➝ Sector PerformC$2.50 ➝ C$1.00
3/10/2020Canaccord GenuityLower Price TargetC$4.50 ➝ C$1.00
3/5/2020Raymond JamesSet Price TargetMarket PerformC$2.00
3/4/2020Tudor PickeringReiterated RatingHoldC$1.75
3/4/2020Tudor Pickering & HoltSet Price TargetHoldC$1.75
2/12/2020Laurentian Bank of CanadaLower Price TargetC$3.50 ➝ C$3.00
2/12/2020LaurentianLower Price TargetC$3.50 ➝ C$3.00
2/6/2020Stifel FirstegyReiterated RatingBuy
1/31/2020National Bank FinancialLower Price TargetOutperformC$3.25 ➝ C$2.50
1/21/2020Tudor PickeringReiterated RatingHoldC$2.25
1/21/2020Raymond JamesSet Price TargetMarket PerformC$2.00
1/21/2020Tudor Pickering & HoltSet Price TargetHoldC$2.25
1/14/2020ScotiabankLower Price TargetC$3.50 ➝ C$3.25
12/6/2019Raymond JamesSet Price TargetMarket PerformC$2.00
12/6/2019CSFBLower Price TargetOutperformC$3.50 ➝ C$3.00
11/4/2019Raymond JamesReiterated RatingMarket PerformC$2.00
10/18/2019Royal Bank of CanadaLower Price TargetC$3.00 ➝ C$2.50
10/15/2019CIBCLower Price TargetC$4.00 ➝ C$3.00
8/2/2019Raymond JamesReiterated RatingOutperformC$3.00
7/24/2019LaurentianLower Price TargetC$5.00 ➝ C$4.50
7/18/2019CIBCLower Price TargetC$4.25 ➝ C$4.00
7/18/2019Royal Bank of CanadaLower Price TargetC$3.50 ➝ C$3.00
7/16/2019CSFBReiterated RatingOutperformC$3.50
7/11/2019Raymond JamesLower Price TargetC$3.75 ➝ C$3.00
6/28/2019GMP SecuritiesLower Price TargetC$5.00 ➝ C$4.00
6/27/2019LaurentianLower Price TargetC$5.50 ➝ C$5.00
6/25/2019National Bank FinancialLower Price TargetOutperformC$4.25 ➝ C$3.25
5/3/2019Raymond JamesReiterated RatingOutperformC$3.75
4/9/2019Canaccord GenuityBoost Price TargetC$4.50 ➝ C$6.00
3/21/2019GMP SecuritiesBoost Price TargetC$4.50 ➝ C$4.75
3/7/2019TD SecuritiesLower Price TargetBuyC$4.00 ➝ C$3.50
3/7/2019Raymond JamesLower Price TargetOutperformC$4.00 ➝ C$3.75
2/1/2019CIBCLower Price TargetC$5.25 ➝ C$4.25
1/10/2019Canaccord GenuityLower Price TargetC$7.00 ➝ C$4.50
12/18/2018Raymond JamesReiterated RatingOutperformC$4.00
12/18/2018BMO Capital MarketsReiterated RatingMarket PerformC$3.50
12/18/2018National Bank FinancialLower Price TargetOutperformC$4.50 ➝ C$4.25
12/18/2018CIBCLower Price TargetC$5.75 ➝ C$5.25
12/17/2018TD SecuritiesLower Price TargetBuyC$5.50 ➝ C$5.00
12/13/2018GMP SecuritiesLower Price TargetC$7.75 ➝ C$4.50
12/10/2018National Bank FinancialLower Price TargetOutperformC$7.25 ➝ C$4.50
11/22/2018CIBCLower Price TargetC$7.00 ➝ C$5.75
11/5/2018TD SecuritiesLower Price TargetBuyC$6.00 ➝ C$5.50
11/5/2018Raymond JamesUpgradeMarket Perform ➝ OutperformC$4.75
11/5/2018Royal Bank of CanadaLower Price TargetOutperformC$6.00 ➝ C$5.50
11/5/2018BMO Capital MarketsLower Price TargetC$4.75 ➝ C$3.50
11/5/2018GMP SecuritiesLower Price TargetC$8.00 ➝ C$7.75
10/9/2018BMO Capital MarketsLower Price TargetC$5.25 ➝ C$4.75
8/24/2018CIBCUpgradeNeutral ➝ Outperform
8/23/2018Raymond JamesUpgradeUnderperform ➝ Market PerformC$5.00 ➝ C$4.75
7/24/2018National Bank FinancialBoost Price TargetOutperformC$5.25 ➝ C$7.25
7/11/2018CSFBBoost Price TargetC$5.50 ➝ C$6.00
7/10/2018Canaccord GenuityBoost Price TargetC$6.25 ➝ C$7.00
6/20/2018DesjardinsUpgradeHold ➝ Buy
6/19/2018BMO Capital MarketsLower Price TargetC$7.00 ➝ C$5.25
6/19/2018Canaccord GenuityLower Price TargetC$7.00 ➝ C$6.25
6/19/2018MacquarieUpgradeNeutral ➝ Outperform
6/19/2018TD SecuritiesUpgradeHold ➝ BuyC$6.00
6/19/2018CSFBBoost Price TargetC$4.50 ➝ C$5.50
6/19/2018Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$6.50 ➝ C$6.00
5/22/2018Raymond JamesBoost Price TargetC$4.50 ➝ C$5.00
5/18/2018CIBCBoost Price TargetC$4.50 ➝ C$7.00
5/16/2018Eight CapitalBoost Price TargetC$5.30 ➝ C$8.50
5/15/2018Canaccord GenuityBoost Price TargetC$6.50 ➝ C$7.00
5/14/2018Royal Bank of CanadaBoost Price TargetSector PerformC$6.00 ➝ C$6.50
5/8/2018GMP SecuritiesBoost Price TargetC$4.50
5/7/2018DesjardinsBoost Price TargetC$4.00
5/4/2018ScotiabankBoost Price TargetSector PerformC$4.50 ➝ C$5.25
5/4/2018Royal Bank of CanadaBoost Price TargetC$5.00 ➝ C$6.00
5/4/2018BMO Capital MarketsBoost Price TargetC$4.00 ➝ C$6.00
5/4/2018TD SecuritiesBoost Price TargetHoldC$4.50 ➝ C$5.50
4/24/2018Raymond JamesBoost Price TargetC$3.50 ➝ C$4.50
4/13/2018CSFBBoost Price TargetC$4.00 ➝ C$4.50
4/12/2018National Bank FinancialBoost Price TargetSector PerformC$5.00 ➝ C$5.25
3/14/2018TD SecuritiesLower Price TargetBuyC$21.00 ➝ C$20.00
3/9/2018GMP SecuritiesUpgradeHold ➝ Buy
3/7/2018BMO Capital MarketsReiterated RatingMarket PerformC$4.00
1/23/2018CIBCBoost Price TargetC$4.00 ➝ C$4.50
1/17/2018BarclaysBoost Price TargetC$2.50 ➝ C$4.00
1/15/2018AltaCorp CapitalUpgradeSector Perform ➝ Outperform
1/11/2018Eight CapitalSet Price TargetNeutralC$5.30
1/9/2018National Bank FinancialBoost Price TargetSector PerformC$4.25 ➝ C$5.00
11/13/2017GMP SecuritiesUpgradeHold ➝ BuyC$4.00 ➝ C$5.00
11/3/2017BMO Capital MarketsBoost Price TargetC$3.50 ➝ C$4.00
11/3/2017Raymond JamesBoost Price TargetUnderperformC$3.50 ➝ C$4.00
11/3/2017Royal Bank of CanadaBoost Price TargetSector PerformC$4.00 ➝ C$4.50
11/3/2017National Bank FinancialBoost Price TargetSector PerformC$3.75 ➝ C$4.25
10/30/2017BarclaysDowngradeEqual Weight ➝ UnderweightC$3.50 ➝ C$2.50
10/6/2017AltaCorp CapitalDowngradeOutperform ➝ Sector Perform
8/2/2017TD SecuritiesBoost Price TargetHoldC$4.00 ➝ C$4.25
8/2/2017Canaccord GenuityBoost Price TargetC$3.50 ➝ C$4.25
6/27/2017BMO Capital MarketsReiterated RatingMarket PerformC$3.50
5/5/2017TD SecuritiesReiterated RatingHoldC$5.00
3/8/2017ScotiabankReiterated RatingOutperformC$8.25
3/8/2017TD SecuritiesLower Price TargetHoldC$6.50 ➝ C$6.00
3/8/2017CIBCLower Price TargetC$6.00 ➝ C$5.75
3/8/2017Royal Bank of CanadaLower Price TargetSector PerformC$8.00 ➝ C$7.00
3/7/2017Raymond JamesReiterated RatingMarket PerformC$7.50
1/23/2017BarclaysLower Price TargetC$7.00 ➝ C$6.00
12/21/2016BMO Capital MarketsBoost Price TargetC$7.00 ➝ C$8.00
12/21/2016DesjardinsBoost Price TargetC$7.50 ➝ C$8.00
12/13/2016Royal Bank of CanadaBoost Price TargetSector PerformC$6.00 ➝ C$7.50
12/13/2016TD SecuritiesBoost Price TargetHoldC$6.50 ➝ C$7.00
12/13/2016ScotiabankReiterated RatingOutperformC$8.25
12/13/2016National Bank FinancialReiterated RatingSector PerformC$7.00
12/13/2016BMO Capital MarketsBoost Price TargetC$6.50 ➝ C$7.00
12/12/2016AltaCorp CapitalUpgradeSector Perform ➝ Outperform
11/3/2016TD SecuritiesReiterated RatingHoldC$6.50
11/3/2016ScotiabankReiterated RatingOutperformC$8.25
11/3/2016Royal Bank of CanadaLower Price TargetSector PerformC$6.50 ➝ C$6.00
10/24/2016CSFBLower Price TargetC$6.50 ➝ C$5.50
10/11/2016BarclaysLower Price TargetC$8.00 ➝ C$7.00
9/19/2016CIBCLower Price TargetC$8.50 ➝ C$6.00
8/4/2016FirstEnergy CapitalUpgradeMarket Perform ➝ Outperform
8/2/2016TD SecuritiesReiterated RatingHoldC$7.50
7/29/2016Royal Bank of CanadaLower Price TargetC$8.00 ➝ C$7.00
7/29/2016ScotiabankReiterated RatingOutperformC$8.75
7/29/2016CIBCLower Price TargetC$9.50 ➝ C$8.50
7/29/2016BarclaysLower Price TargetC$9.00 ➝ C$8.00
7/22/2016BarclaysBoost Price TargetC$6.00 ➝ C$9.00
7/14/2016ScotiabankReiterated RatingOutperformC$8.75
6/30/2016BMO Capital MarketsUpgradeUnderperform ➝ Market PerformC$6.00 ➝ C$8.00
6/28/2016DesjardinsSet Price TargetC$8.00
(Data available from 6/20/2016 forward)
Baytex Energy logo
Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. Its principal oil and natural gas properties include the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta. As of December 31, 2020, it had proved developed producing reserves of 120 million barrels of oil equivalent (mmboe); proved reserves of 271 mmboe; and proved plus probable reserves of 462 mmboe. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.
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Today's Range

Now: C$2.19
Low: C$2.08
High: C$2.23

50 Day Range

MA: C$1.71
Low: C$1.24
High: C$2.24

52 Week Range

Now: C$2.19
Low: C$0.39
High: C$2.28

Volume

5,943,057 shs

Average Volume

4,741,917 shs

Market Capitalization

C$1.24 billion

P/E Ratio

50.93

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Baytex Energy?

The following equities research analysts have issued research reports on Baytex Energy in the last twelve months: ATB Capital, BMO Capital Markets, Canaccord Genuity, CIBC, Credit Suisse Group AG, CSFB, Eight Capital, National Bank Financial, National Bankshares, Inc., Raymond James, Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for BTE.

What is the current price target for Baytex Energy?

13 Wall Street analysts have set twelve-month price targets for Baytex Energy in the last year. Their average twelve-month price target is C$1.71, suggesting a possible downside of 21.8%. Raymond James has the highest price target set, predicting BTE will reach C$2.25 in the next twelve months. CSFB has the lowest price target set, forecasting a price of C$0.70 for Baytex Energy in the next year.
View the latest price targets for BTE.

What is the current consensus analyst rating for Baytex Energy?

Baytex Energy currently has 7 hold ratings and 3 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 BTE, but not buy more shares or sell existing shares.
View the latest ratings for BTE.

What other companies compete with Baytex Energy?

How do I contact Baytex Energy's investor relations team?

Baytex Energy's physical mailing address is 2800-520 3 Ave SW, CALGARY, AB T2P 0R3, Canada. The company's listed phone number is +1-587-9523000. The official website for Baytex Energy is www.baytex.ab.ca.