Baytex Energy - BTE Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$7.53
  • Forecasted Upside: 62.26%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
▲ +0.21 (4.74%)

This chart shows the closing price for BTE by one month, three months, or twelve months.

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Analyst Price Target for BTE

Analyst Price Target is C$7.53
▲ +62.26% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Baytex Energy in the last 3 months. The average price target is C$7.53, with a high forecast of C$9.00 and a low forecast of C$5.50. The average price target represents a 62.26% upside from the last price of C$4.64.

This chart shows the closing price for BTE for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 6 polled investment analysts is to buy stock in Baytex Energy. This rating has held steady since April 2022, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 0 strong buy ratings
  • 3 buy ratings
  • 4 hold ratings
  • 0 sell ratings
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/8/2023Stifel NicolausLower TargetC$7.00 ➝ C$6.25
5/5/2023BMO Capital MarketsLower TargetC$6.50 ➝ C$6.00
4/27/2023Atb Cap MarketsReiterated RatingOutperform
4/17/2023BMO Capital MarketsBoost TargetC$6.00 ➝ C$6.50
4/13/2023ScotiabankLower TargetC$8.00 ➝ C$6.50
4/11/2023Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$9.00
3/27/2023BMO Capital MarketsLower TargetC$7.50 ➝ C$6.00
3/2/2023Raymond JamesDowngradeOutperform ➝ Market PerformC$8.00 ➝ C$5.50
3/2/2023TD SecuritiesUpgradeHold ➝ BuyC$7.00
3/1/2023ATB CapitalUpgradeSector Perform ➝ Outperform
3/1/2023National BanksharesBoost TargetSector PerformC$7.75 ➝ C$8.50
3/1/2023Stifel NicolausLower TargetC$8.00 ➝ C$7.00
3/1/2023National Bank FinancialBoost TargetC$7.75 ➝ C$8.50
2/24/2023TD SecuritiesLower TargetHold ➝ HoldC$7.50 ➝ C$7.00
1/17/2023CIBCLower TargetC$8.50 ➝ C$8.00
1/16/2023Stifel NicolausLower TargetC$8.25 ➝ C$8.00
1/16/2023Raymond JamesLower TargetOutperformC$9.50 ➝ C$8.00
12/13/2022BMO Capital MarketsLower TargetC$9.00 ➝ C$8.00
12/9/2022Stifel NicolausLower TargetC$9.00 ➝ C$8.25
12/8/2022TD SecuritiesLower TargetHoldC$8.50 ➝ C$7.50
12/6/2022ATB CapitalBoost TargetSector PerformC$8.00 ➝ C$9.00
11/7/2022Royal Bank of CanadaBoost TargetSector PerformC$8.50 ➝ C$9.00
11/7/2022Stifel NicolausBoost TargetC$8.75 ➝ C$9.00
11/4/2022TD SecuritiesBoost TargetHoldC$7.50 ➝ C$8.50
11/4/2022BMO Capital MarketsBoost TargetC$8.50 ➝ C$9.00
11/4/2022National BanksharesDowngradeOutperform ➝ Sector PerformC$9.00
9/30/2022National BanksharesLower TargetC$10.00 ➝ C$9.00
8/22/2022CIBCLower TargetC$10.00 ➝ C$8.50
7/28/2022Standpoint ResearchLower TargetC$9.00 ➝ C$8.57
7/18/2022National BanksharesLower TargetOutperformC$10.50 ➝ C$10.00
7/5/2022Raymond JamesBoost TargetOutperformC$9.00 ➝ C$9.50
7/4/2022Stifel NicolausBoost TargetC$8.25 ➝ C$9.00
6/8/2022ScotiabankBoost TargetC$6.75 ➝ C$9.00
5/2/2022Raymond JamesSet TargetOutperformC$9.00
5/2/2022Royal Bank of CanadaBoost TargetSector PerformC$6.00 ➝ C$7.00
5/2/2022Standpoint ResearchReiterated RatingBuyC$7.00 ➝ C$8.25
4/29/2022National BanksharesBoost TargetOutperformC$8.75 ➝ C$9.50
4/29/2022TD SecuritiesBoost TargetHoldC$6.50 ➝ C$7.50
4/29/2022BMO Capital MarketsBoost TargetC$8.00 ➝ C$8.50
4/14/2022CIBCBoost TargetC$7.00 ➝ C$8.00
4/14/2022National BanksharesUpgradeSector Perform ➝ BuyC$6.50 ➝ C$8.75
3/25/2022Raymond JamesBoost TargetOutperformC$6.50 ➝ C$9.00
3/8/2022ScotiabankBoost TargetC$4.50 ➝ C$6.25
3/3/2022CIBCBoost TargetC$5.00 ➝ C$7.00
2/25/2022Raymond JamesSet TargetOutperformC$6.50
2/25/2022TD SecuritiesBoost TargetHoldC$4.75 ➝ C$5.25
1/19/2022Raymond JamesBoost TargetOutperformC$5.75 ➝ C$6.50
1/13/2022CIBCBoost TargetC$4.25 ➝ C$5.00
12/2/2021TD SecuritiesLower TargetHoldC$4.50 ➝ C$4.25
12/2/2021Raymond JamesBoost TargetOutperformC$5.50 ➝ C$5.75
11/23/2021ATB CapitalBoost TargetC$3.50 ➝ C$4.75
11/19/2021ScotiabankBoost TargetC$3.75 ➝ C$4.25
11/8/2021Royal Bank of CanadaBoost TargetSector PerformC$4.00 ➝ C$4.50
11/8/2021National BanksharesBoost TargetSector PerformC$4.50 ➝ C$5.00
11/5/2021Raymond JamesReiterated RatingOutperformC$5.50
11/5/2021TD SecuritiesBoost TargetHoldC$3.50 ➝ C$4.50
10/20/2021BMO Capital MarketsBoost TargetC$3.75 ➝ C$4.50
10/18/2021Raymond JamesBoost TargetOutperformC$3.50 ➝ C$5.50
10/15/2021CIBCBoost TargetNAC$3.00 ➝ C$4.25
10/14/2021ScotiabankBoost TargetC$2.75 ➝ C$3.75
9/3/2021Raymond JamesReiterated RatingOutperformC$3.50
9/2/2021CIBCReiterated RatingHoldC$3.00
7/30/2021Raymond JamesBoost TargetOutperformC$3.25 ➝ C$3.50
7/29/2021CIBCReiterated RatingNeutralC$3.00
7/15/2021ScotiabankBoost TargetC$2.25 ➝ C$2.75
7/14/2021CIBCBoost TargetNAC$1.75 ➝ C$3.00
6/30/2021Raymond JamesBoost TargetOutperformC$2.25 ➝ C$3.25
6/21/2021BMO Capital MarketsBoost TargetNAC$1.75 ➝ C$2.75
6/9/2021ScotiabankUpgradeUnderperform ➝ Sector PerformC$1.75 ➝ C$2.25
6/7/2021Royal Bank of CanadaBoost TargetSector PerformC$1.80 ➝ C$2.20
5/3/2021CIBCReiterated RatingNeutralC$1.75
5/3/2021Royal Bank of CanadaBoost TargetOutperformC$1.50 ➝ C$1.80
4/30/2021National Bank FinancialBoost TargetSector PerformC$1.75 ➝ C$2.00
4/30/2021National BanksharesBoost TargetSector PerformC$1.75 ➝ C$2.00
4/30/2021Raymond JamesBoost TargetOutperformC$1.75 ➝ C$2.25
4/30/2021TD SecuritiesBoost TargetHoldC$1.50 ➝ C$1.65
4/30/2021ATB CapitalUpgradeUnderperform ➝ Sector PerformC$1.60 ➝ C$1.75
4/30/2021ScotiabankBoost TargetC$1.60 ➝ C$1.75
4/15/2021ScotiabankBoost TargetC$1.00 ➝ C$1.60
4/14/2021CIBCLower TargetNeutralC$2.00 ➝ C$1.75
3/17/2021Raymond JamesBoost TargetMarket Perform ➝ OutperformC$1.25 ➝ C$1.75
3/15/2021BMO Capital MarketsBoost TargetNAC$1.50 ➝ C$1.75
2/26/2021Royal Bank of CanadaBoost TargetSector PerformC$1.20 ➝ C$1.50
2/25/2021Raymond JamesBoost TargetMarket PerformC$1.00 ➝ C$1.25
2/25/2021TD SecuritiesBoost TargetHoldC$0.90 ➝ C$1.30
2/25/2021National Bank FinancialBoost TargetSector PerformC$1.50 ➝ C$1.75
2/25/2021BMO Capital MarketsBoost TargetNAC$1.00 ➝ C$1.50
2/19/2021National Bank FinancialBoost TargetC$1.00 ➝ C$1.50
2/17/2021Eight CapitalBoost TargetBuyC$1.75
1/15/2021Raymond JamesUpgradeUnderperform ➝ Market PerformC$0.70 ➝ C$1.00
1/11/2021ATB CapitalBoost TargetC$0.70 ➝ C$0.85
12/16/2020CIBCBoost TargetC$0.75 ➝ C$1.00
12/4/2020TD SecuritiesBoost TargetHoldC$0.55 ➝ C$0.75
12/3/2020Raymond JamesBoost TargetUnderperformC$0.50 ➝ C$0.70
11/3/2020Raymond JamesSet TargetUnderperformC$0.50
10/14/2020Raymond JamesLower TargetUnderperformC$0.65 ➝ C$0.50
10/13/2020ScotiabankLower TargetC$0.75 ➝ C$0.70
7/31/2020Raymond JamesSet TargetUnderperformC$0.65
7/30/2020National Bank FinancialBoost TargetSector PerformC$0.75 ➝ C$0.90
7/16/2020CIBCBoost TargetC$0.75 ➝ C$0.85
7/15/2020Raymond JamesBoost TargetUnderperformC$0.40 ➝ C$0.65
7/14/2020Credit Suisse GroupBoost TargetC$0.60 ➝ C$0.70
7/14/2020CSFBBoost TargetC$0.60 ➝ C$0.70
7/10/2020ATB CapitalBoost TargetC$0.55 ➝ C$0.60
6/26/2020Raymond JamesBoost TargetUnderperformC$0.30 ➝ C$0.40
6/26/2020Eight CapitalUpgradeNeutral ➝ Buy
6/24/2020National Bank FinancialBoost TargetSector PerformC$0.50 ➝ C$0.75
6/15/2020ScotiabankBoost TargetC$0.60 ➝ C$0.65
5/8/2020Tudor PickeringReiterated RatingHoldC$0.50
5/8/2020Raymond JamesSet TargetUnderperformC$0.30
5/8/2020Tudor Pickering & HoltSet TargetHoldC$0.50
4/22/2020Raymond JamesLower TargetUnderperformC$0.40 ➝ C$0.30
4/22/2020CIBCLower TargetC$1.00 ➝ C$0.75
3/25/2020Raymond JamesLower TargetUnderperformC$0.50 ➝ C$0.40
3/25/2020CSFBDowngradeOutperform ➝ Neutral
3/22/2020Royal Bank of CanadaLower TargetSector PerformC$0.80 ➝ C$0.60
3/20/2020TD SecuritiesLower TargetHoldC$0.65 ➝ C$0.50
3/19/2020Stifel FirstegyDowngradeBuy ➝ Hold
3/19/2020Raymond JamesLower TargetUnderperformC$0.75 ➝ C$0.50
3/19/2020National Bank FinancialLower TargetSector PerformC$1.00 ➝ C$0.50
3/19/2020Eight CapitalLower 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
3/5/2020Raymond JamesSet TargetMarket PerformC$2.00
3/4/2020Tudor PickeringReiterated RatingHoldC$1.75
3/4/2020Tudor Pickering & HoltSet TargetHoldC$1.75
2/12/2020Laurentian Bank of CanadaLower TargetC$3.50 ➝ C$3.00
2/12/2020LaurentianLower TargetC$3.50 ➝ C$3.00
2/6/2020Stifel FirstegyReiterated RatingBuy
1/31/2020National Bank FinancialLower TargetOutperformC$3.25 ➝ C$2.50
1/21/2020Tudor PickeringReiterated RatingHoldC$2.25
1/21/2020Raymond JamesSet TargetMarket PerformC$2.00
1/21/2020Tudor Pickering & HoltSet TargetHoldC$2.25
1/14/2020ScotiabankLower TargetC$3.50 ➝ C$3.25
12/6/2019Raymond JamesSet TargetMarket PerformC$2.00
12/6/2019CSFBLower TargetOutperformC$3.50 ➝ C$3.00
11/4/2019Raymond JamesReiterated RatingMarket PerformC$2.00
10/18/2019Royal Bank of CanadaLower TargetC$3.00 ➝ C$2.50
10/15/2019CIBCLower TargetC$4.00 ➝ C$3.00
8/2/2019Raymond JamesReiterated RatingOutperformC$3.00
7/24/2019LaurentianLower TargetC$5.00 ➝ C$4.50
7/18/2019CIBCLower TargetC$4.25 ➝ C$4.00
7/18/2019Royal Bank of CanadaLower TargetC$3.50 ➝ C$3.00
7/16/2019CSFBReiterated RatingOutperformC$3.50
7/11/2019Raymond JamesLower TargetC$3.75 ➝ C$3.00
6/28/2019GMP SecuritiesLower TargetC$5.00 ➝ C$4.00
6/27/2019LaurentianLower TargetC$5.50 ➝ C$5.00
6/25/2019National Bank FinancialLower TargetOutperformC$4.25 ➝ C$3.25
5/3/2019Raymond JamesReiterated RatingOutperformC$3.75
3/21/2019GMP SecuritiesBoost TargetC$4.50 ➝ C$4.75
3/7/2019TD SecuritiesLower TargetBuyC$4.00 ➝ C$3.50
3/7/2019Raymond JamesLower TargetOutperformC$4.00 ➝ C$3.75
2/1/2019CIBCLower TargetC$5.25 ➝ C$4.25
12/18/2018Raymond JamesReiterated RatingOutperformC$4.00
12/18/2018BMO Capital MarketsReiterated RatingMarket PerformC$3.50
12/18/2018National Bank FinancialLower TargetOutperformC$4.50 ➝ C$4.25
12/18/2018CIBCLower TargetC$5.75 ➝ C$5.25
12/17/2018TD SecuritiesLower TargetBuyC$5.50 ➝ C$5.00
12/13/2018GMP SecuritiesLower TargetC$7.75 ➝ C$4.50
12/10/2018National Bank FinancialLower TargetOutperformC$7.25 ➝ C$4.50
11/22/2018CIBCLower TargetC$7.00 ➝ C$5.75
11/5/2018TD SecuritiesLower TargetBuyC$6.00 ➝ C$5.50
11/5/2018Raymond JamesUpgradeMarket Perform ➝ OutperformC$4.75
11/5/2018Royal Bank of CanadaLower TargetOutperformC$6.00 ➝ C$5.50
11/5/2018BMO Capital MarketsLower TargetC$4.75 ➝ C$3.50
11/5/2018GMP SecuritiesLower TargetC$8.00 ➝ C$7.75
10/9/2018BMO Capital MarketsLower 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 TargetOutperformC$5.25 ➝ C$7.25
7/11/2018CSFBBoost TargetC$5.50 ➝ C$6.00
6/20/2018DesjardinsUpgradeHold ➝ Buy
6/19/2018BMO Capital MarketsLower TargetC$7.00 ➝ C$5.25
6/19/2018MacquarieUpgradeNeutral ➝ Outperform
6/19/2018TD SecuritiesUpgradeHold ➝ BuyC$6.00
6/19/2018CSFBBoost TargetC$4.50 ➝ C$5.50
6/19/2018Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$6.50 ➝ C$6.00
(Data available from 6/2/2018 forward)

News Sentiment Rating

0.69 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
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Current Sentiment

  • 3 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
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 Texas, 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 comprise the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta. The company's properties also include conventional oil and natural gas assets in Western Canada. As of December 31, 2021, it had proved developed producing reserves of 129 million barrels of oil equivalent (mmboe); proved reserves of 278 mmboe; and proved plus probable reserves of 451 mmboe. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.
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Today's Range

Now: C$4.64
Low: C$4.55
High: C$4.65

50 Day Range

MA: C$4.88
Low: C$4.28
High: C$5.45

52 Week Range

Now: C$4.64
Low: C$4.18
High: C$9.16


2,011,151 shs

Average Volume

3,971,629 shs

Market Capitalization

C$2.53 billion

P/E Ratio


Dividend Yield




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 Cap Markets, ATB Capital, BMO Capital Markets, CIBC, National Bank Financial, National Bankshares, Inc., Raymond James, Royal Bank of Canada, Scotiabank, Standpoint Research, Stifel Nicolaus, and TD Securities.
View the latest analyst ratings for BTE.

What is the current price target for Baytex Energy?

11 Wall Street analysts have set twelve-month price targets for Baytex Energy in the last year. Their average twelve-month price target is C$7.53, suggesting a possible upside of 62.3%. Royal Bank of Canada has the highest price target set, predicting BTE will reach C$9.00 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of C$5.50 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 2 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe BTE will outperform the market and that investors should add to their positions of Baytex Energy.
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 Learn More about contacing Baytex Energy investor relations.