Analyst Price Target is C$28.21
▲ +71.41% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Paramount Resources in the last 3 months. The average price target is C$28.21, with a high forecast of C$40.00 and a low forecast of C$19.00. The average price target represents a 71.41% upside from the last price of C$16.46.
Current Consensus is
Moderate Buy
The current consensus among 8 polled investment analysts is to moderate buy stock in Paramount Resources. This rating has held steady since August 2023, when it changed from a Hold consensus rating.
Paramount Resources Ltd is a Canadian energy company that explores, develops, produces, and markets natural gas, crude oil, and natural gas liquids. The company takes part in exploration and production in Alberta and British Columbia. Sales for Paramount's products are priced in a multitude of markets that span the United States and Canada. Depending on the product, contracts can have daily, monthly, or long-term agreements. Assets for exploration and production are acquired by way of royalties that are paid to provincial governments and freehold landowners.
Read More