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TSE:OBE - Obsidian Energy Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$2.38
  • Forecasted Upside: -45.78 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
C$4.38 As of 06/23/2021 01:00 AM ET
▲ +0.04 (0.92%)

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

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Analyst Price Target for OBE

Analyst Price Target is C$2.38
▼ -45.78% Downside Potential
This price target is based on 1 analysts offering 12 month price targets for Obsidian Energy in the last 3 months. The average price target is C$2.38, with a high forecast of C$2.50 and a low forecast of C$2.25. The average price target represents a -45.78% upside from the last price of C$4.38.

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

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Current Consensus is Hold

The current consensus among 1 polled investment analysts is to hold stock in Obsidian Energy. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 0 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
12/31/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
3/30/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
6/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
9/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
12/25/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
Ratings as of
3/25/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/21/2021BMO Capital MarketsBoost Price TargetNAC$1.50 ➝ C$2.50
5/10/2021Raymond JamesBoost Price TargetMarket PerformC$2.00 ➝ C$2.25
3/30/2021Raymond JamesBoost Price TargetMarket PerformC$1.90 ➝ C$2.00
3/17/2021Raymond JamesBoost Price TargetMarket PerformC$1.00 ➝ C$1.90
3/15/2021BMO Capital MarketsBoost Price TargetNAC$1.50
2/26/2021Raymond JamesReiterated RatingMarket PerformC$1.00
2/19/2021Raymond JamesSet Price TargetMarket PerformC$1.00
1/15/2021Raymond JamesUpgradeUnderperform ➝ Market PerformC$1.00
4/23/2020National Bank FinancialSet Price TargetUnderperformC$0.50
3/10/2020National Bank FinancialDowngradeSector Perform ➝ UnderperformC$1.20 ➝ C$0.50
2/7/2020Raymond JamesSet Price TargetUnderperformC$0.25
1/31/2020National Bank FinancialBoost Price TargetSector PerformC$1.00 ➝ C$1.20
12/3/2019National Bank FinancialLower Price TargetSector PerformC$1.75 ➝ C$1.00
11/5/2019Raymond JamesReiterated RatingUnderperformC$0.25
11/5/2019TD SecuritiesLower Price TargetHoldC$1.20 ➝ C$0.90
9/11/2019Raymond JamesLower Price TargetUnderperformC$2.00 ➝ C$1.00
8/29/2019TD SecuritiesLower Price TargetHoldC$1.85 ➝ C$1.30
8/29/2019BMO Capital MarketsLower Price TargetUnderperformC$1.50 ➝ C$1.25
8/28/2019National Bank FinancialLower Price TargetSector PerformC$2.25 ➝ C$1.75
8/15/2019Raymond JamesReiterated RatingMarket PerformC$2.00
8/15/2019TD SecuritiesBoost Price TargetHoldC$1.70 ➝ C$1.85
7/11/2019Raymond JamesLower Price TargetC$3.50 ➝ C$2.00
7/9/2019Canaccord GenuityLower Price TargetC$2.80 ➝ C$1.50
6/28/2019GMP SecuritiesBoost Price TargetC$0.40 ➝ C$1.75
6/25/2019National Bank FinancialLower Price TargetSector PerformC$3.50 ➝ C$2.25
5/21/2019Raymond JamesSet Price TargetMarket PerformC$0.50
5/13/2019Raymond JamesReiterated RatingMarket PerformC$0.50
3/11/2019TD SecuritiesDowngradeBuy ➝ HoldC$0.65 ➝ C$0.50
3/8/2019AltaCorp CapitalDowngradeOutperform ➝ Sector Perform
3/8/2019Raymond JamesDowngradeOutperform ➝ Market PerformC$1.00 ➝ C$0.75
3/8/2019National Bank FinancialLower Price TargetSector PerformC$0.65 ➝ C$0.50
3/8/2019Canaccord GenuityDowngradeSpeculative Buy ➝ HoldC$0.75 ➝ C$0.40
2/12/2019Raymond JamesReiterated RatingOutperformC$1.00
2/12/2019TD SecuritiesLower Price TargetBuyC$0.95 ➝ C$0.65
2/12/2019BMO Capital MarketsLower Price TargetC$0.70 ➝ C$0.50
2/12/2019CIBCLower Price TargetC$1.10 ➝ C$1.00
2/12/2019National Bank FinancialLower Price TargetSector PerformC$0.80 ➝ C$0.65
1/10/2019Canaccord GenuityLower Price TargetC$1.40 ➝ C$1.00
1/8/2019Royal Bank of CanadaLower Price TargetC$1.50 ➝ C$1.00
12/10/2018National Bank FinancialLower Price TargetSector PerformC$1.75 ➝ C$0.80
11/22/2018CIBCLower Price TargetC$1.50 ➝ C$1.25
11/19/2018TD SecuritiesLower Price TargetBuyC$1.25 ➝ C$1.15
11/16/2018Raymond JamesLower Price TargetOutperformC$2.00 ➝ C$1.75
11/16/2018BMO Capital MarketsLower Price TargetC$1.00 ➝ C$0.80
11/16/2018CIBCLower Price TargetC$1.75 ➝ C$1.50
11/9/2018TD SecuritiesLower Price TargetBuyC$2.00 ➝ C$1.25
11/9/2018Raymond JamesLower Price TargetOutperformC$2.25 ➝ C$2.00
11/9/2018Royal Bank of CanadaLower Price TargetSector PerformC$2.00 ➝ C$1.50
11/9/2018Canaccord GenuityLower Price TargetC$1.80 ➝ C$1.40
11/9/2018BMO Capital MarketsLower Price TargetC$1.35 ➝ C$1.00
11/9/2018National Bank FinancialLower Price TargetOutperformC$2.00 ➝ C$1.75
10/9/2018BMO Capital MarketsLower Price TargetC$1.60 ➝ C$1.35
10/5/2018Raymond JamesLower Price TargetC$2.50 ➝ C$2.25
8/3/2018National Bank FinancialLower Price TargetSector PerformC$2.25 ➝ C$2.00
7/20/2018CIBCBoost Price TargetC$1.50 ➝ C$1.75
7/11/2018CSFBBoost Price TargetC$1.50 ➝ C$1.75
7/5/2018Raymond JamesBoost Price TargetC$2.25 ➝ C$2.50
6/5/2018Raymond JamesBoost Price TargetOutperformC$2.00 ➝ C$2.25
4/24/2018Raymond JamesBoost Price TargetC$1.75 ➝ C$2.00
3/8/2018BMO Capital MarketsLower Price TargetC$1.50 ➝ C$1.25
3/8/2018CIBCUpgradeUnderperform ➝ Neutral
2/13/2018Canaccord GenuityUpgradeHold ➝ Speculative Buy
2/5/2018Raymond JamesLower Price TargetC$2.00 ➝ C$1.75
1/9/2018National Bank FinancialBoost Price TargetSector PerformC$1.50 ➝ C$2.00
11/28/2017Canaccord GenuityBoost Price TargetC$1.50 ➝ C$1.80
11/13/2017AltaCorp CapitalUpgradeSector Perform ➝ Outperform
11/13/2017Royal Bank of CanadaBoost Price TargetSector PerformC$1.45 ➝ C$1.70
11/13/2017Raymond JamesBoost Price TargetMarket Perform ➝ OutperformC$1.75 ➝ C$2.00
11/13/2017ScotiabankBoost Price TargetSector PerformC$1.75 ➝ C$2.00
11/13/2017BarclaysBoost Price TargetC$1.50 ➝ C$2.00
11/13/2017TD SecuritiesBoost Price TargetC$2.00 ➝ C$2.25
11/13/2017BMO Capital MarketsReiterated RatingUnderperformC$1.50
10/30/2017BarclaysLower Price TargetC$2.00 ➝ C$1.50
7/24/2017BarclaysLower Price TargetC$2.50 ➝ C$2.00
6/16/2017Royal Bank of CanadaReiterated RatingSector PerformC$2.50
6/12/2017Raymond JamesBoost Price TargetMarket PerformC$2.50 ➝ C$2.75
6/8/2017BMO Capital MarketsReiterated RatingUnderperformC$2.00
6/8/2017Royal Bank of CanadaReiterated RatingSector PerformC$2.50
6/5/2017Canaccord GenuityReiterated RatingHoldC$2.10
5/25/2017National Bank FinancialReiterated RatingSector PerformC$2.50
5/5/2017TD SecuritiesReiterated RatingBuyC$3.00
4/11/2017AltaCorp CapitalDowngradeOutperform ➝ Sector Perform
3/16/2017Raymond JamesLower Price TargetOutperformC$3.00 ➝ C$2.75
3/16/2017TD SecuritiesUpgradeHold ➝ BuyC$2.75 ➝ C$3.00
3/16/2017ScotiabankReiterated RatingSector PerformC$2.75
1/9/2017BarclaysBoost Price TargetEqual WeightC$2.50 ➝ C$3.00
1/6/2017Royal Bank of CanadaBoost Price TargetSector PerformC$2.50 ➝ C$2.75
1/6/2017TD SecuritiesReiterated RatingHoldC$2.75
1/6/2017Raymond JamesBoost Price TargetOutperformC$2.75 ➝ C$3.00
1/6/2017ScotiabankBoost Price TargetSector PerformC$2.50 ➝ C$2.75
12/21/2016DesjardinsBoost Price TargetC$2.50 ➝ C$2.75
12/15/2016CIBCReiterated RatingNeutralC$2.60
11/3/2016TD SecuritiesBoost Price TargetHoldC$2.25 ➝ C$2.50
11/3/2016ScotiabankReiterated RatingSector PerformC$2.25
11/3/2016Royal Bank of CanadaReiterated RatingSector PerformC$2.50
10/26/2016AltaCorp CapitalReiterated RatingOutperform
10/11/2016BarclaysBoost Price TargetC$2.00 ➝ C$2.50
9/16/2016TD SecuritiesUpgradeReduce ➝ HoldC$0.80 ➝ C$2.25
9/8/2016Royal Bank of CanadaBoost Price TargetSector PerformC$2.30 ➝ C$2.50
8/6/2016Royal Bank of CanadaBoost Price TargetSector PerformC$2.20 ➝ C$2.30
8/6/2016FirstEnergy CapitalUpgradeUnderperform ➝ Market PerformC$1.50 ➝ C$1.75
8/5/2016ScotiabankReiterated RatingSector PerformC$2.00
7/22/2016BarclaysUpgradeUnderweight ➝ Equal WeightC$1.50 ➝ C$2.00
6/30/2016BMO Capital MarketsBoost Price TargetC$1.90 ➝ C$2.00
6/27/2016Royal Bank of CanadaBoost Price TargetUnderperform ➝ Sector PerformC$0.90 ➝ C$2.00
(Data available from 6/23/2016 forward)
Obsidian Energy logo
Obsidian Energy Ltd. primarily focuses on the exploration, production, and development of oil and natural gas properties in the Western Canada Sedimentary Basin. The company was formerly known as Penn West Petroleum Ltd. and changed its name to Obsidian Energy Ltd. in June 2017. Obsidian Energy Ltd. is headquartered in Calgary, Canada.
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Today's Range

Now: C$4.38
Low: C$4.34
High: C$4.51

50 Day Range

MA: C$2.38
Low: C$1.50
High: C$4.38

52 Week Range

Now: C$4.38
Low: C$0.36
High: C$4.51

Volume

300,987 shs

Average Volume

183,368 shs

Market Capitalization

C$325.22 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

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

The following Wall Street analysts have issued stock ratings on Obsidian Energy in the last year: BMO Capital Markets, and Raymond James.
View the latest analyst ratings for OBE.

What is the current price target for Obsidian Energy?

2 Wall Street analysts have set twelve-month price targets for Obsidian Energy in the last year. Their average twelve-month price target is C$2.38, suggesting a possible downside of 45.3%. BMO Capital Markets has the highest price target set, predicting OBE will reach C$2.50 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of C$2.25 for Obsidian Energy in the next year.
View the latest price targets for OBE.

What is the current consensus analyst rating for Obsidian Energy?

Obsidian Energy currently has 1 hold rating 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 OBE, but not buy more shares or sell existing shares.
View the latest ratings for OBE.

What other companies compete with Obsidian Energy?

Other companies that are similar to Obsidian Energy include Freehold Royalties, Peyto Exploration & Development, Tamarack Valley Energy, Kosmos Energy, International Petroleum, Diversified Energy, Tullow Oil, Headwater Exploration, Advantage Oil & Gas, Diversified Gas & Oil, TORC Oil & Gas Ltd. (TOG.TO), Kelt Exploration, Frontera Energy, Canacol Energy and Cardinal Energy.

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

Obsidian Energy's physical mailing address is 207 9 Ave SW Suite 200, CALGARY, AB T2P 1K3, Canada. The company's listed phone number is +1-403-7772500. The official website for Obsidian Energy is www.obsidianenergy.com.