TSE:PXT - Parex Resources Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$36.29
  • Forecasted Upside: 62.50 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
C$22.33
▲ +0.53 (2.43%)

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

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Analyst Price Target for PXT

Analyst Price Target is C$36.29
▲ +62.50% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Parex Resources in the last 3 months. The average price target is C$36.29, with a high forecast of C$0.00 and a low forecast of C$0.00. The average price target represents a 62.50% upside from the last price of C$22.33.

This chart shows the closing price for PXT 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 5 contributing investment analysts is to buy stock in Parex Resources. This Buy 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
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/11/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/11/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/10/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/8/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/6/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/6/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/5/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/5/2022

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
7/4/2022Stifel NicolausLower Price TargetC$42.00 ➝ C$39.00
6/8/2022ScotiabankBoost Price TargetC$37.00 ➝ C$38.00
5/12/2022Stifel NicolausBoost Price TargetC$40.00 ➝ C$42.00
4/18/2022CormarkBoost Price TargetOutperformC$36.00 ➝ C$40.00
3/8/2022ScotiabankBoost Price TargetC$35.00 ➝ C$36.00
2/4/2022Royal Bank of CanadaBoost Price TargetOutperformC$32.00 ➝ C$34.00
2/3/2022BMO Capital MarketsReiterated RatingBuyC$34.00 ➝ C$36.00
11/4/2021National BanksharesLower Price TargetOutperformC$35.00 ➝ C$33.00
10/14/2021ScotiabankBoost Price TargetC$34.00 ➝ C$35.00
9/2/2021Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$26.00 ➝ C$28.00
8/5/2021National Bank FinancialLower Price TargetOutperformC$34.00
8/5/2021National BanksharesLower Price TargetOutperformC$36.00 ➝ C$34.00
7/15/2021ScotiabankBoost Price TargetC$32.00 ➝ C$34.00
7/8/2021National Bank FinancialBoost Price TargetOutperformC$35.00 ➝ C$36.00
7/8/2021National BanksharesBoost Price TargetOutperformC$35.00 ➝ C$36.00
6/17/2021National Bank FinancialBoost Price TargetOutperformC$35.00
6/17/2021National BanksharesBoost Price TargetC$30.00 ➝ C$35.00
5/18/2021National Bank FinancialLower Price TargetOutperformC$31.00 ➝ C$30.00
5/18/2021National BanksharesLower Price TargetOutperformC$31.00 ➝ C$30.00
5/18/2021BMO Capital MarketsLower Price TargetOutperformC$32.00 ➝ C$30.00
5/12/2021Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$26.00
5/6/2021National Bank FinancialLower Price TargetOutperformC$31.00
5/6/2021National BanksharesLower Price TargetOutperformC$34.00 ➝ C$31.00
4/27/2021Haywood SecuritiesBoost Price TargetBuyC$31.00 ➝ C$32.50
4/16/2021National Bank FinancialLower Price TargetOutperformC$35.00 ➝ C$34.00
4/16/2021National BanksharesLower Price TargetOutperformC$35.00 ➝ C$34.00
4/16/2021CIBCBoost Price TargetOutperformC$27.50
4/15/2021ScotiabankBoost Price TargetC$30.00 ➝ C$31.00
3/22/2021ScotiabankBoost Price TargetC$28.00 ➝ C$30.00
3/12/2021ScotiabankBoost Price TargetC$26.00 ➝ C$28.00
3/5/2021CormarkBoost Price TargetC$30.00 ➝ C$32.50
3/4/2021BMO Capital MarketsBoost Price TargetC$28.00 ➝ C$30.00
2/19/2021National Bank FinancialBoost Price TargetC$30.00 ➝ C$35.00
2/17/2021Eight CapitalReiterated RatingNAC$31.00
1/14/2021ScotiabankBoost Price TargetC$24.00 ➝ C$26.00
1/12/2021CormarkBoost Price TargetC$25.00 ➝ C$30.00
12/16/2020CIBCBoost Price TargetC$22.00 ➝ C$25.00
11/16/2020National Bank FinancialLower Price TargetOutperformC$23.00 ➝ C$19.00
8/7/2020Royal Bank of CanadaBoost Price TargetOutperformC$23.00 ➝ C$24.00
8/6/2020BMO Capital MarketsBoost Price TargetC$24.00 ➝ C$25.00
7/16/2020CIBCBoost Price TargetC$20.00 ➝ C$22.00
6/26/2020Royal Bank of CanadaBoost Price TargetOutperformC$21.00 ➝ C$23.00
4/6/2020National Bank FinancialLower Price TargetOutperformC$26.00 ➝ C$25.00
3/16/2020Royal Bank of CanadaUpgradeOutperform ➝ Top PickC$25.00 ➝ C$21.00
3/10/2020National Bank FinancialLower Price TargetOutperformC$33.00 ➝ C$25.00
3/3/2020BMO Capital MarketsReiterated RatingOutperformC$28.00
2/7/2020National Bank FinancialBoost Price TargetOutperformC$31.00 ➝ C$33.00
1/31/2020National Bank FinancialLower Price TargetOutperformC$32.00 ➝ C$31.00
1/14/2020ScotiabankBoost Price TargetC$29.00 ➝ C$30.50
12/18/2019ScotiabankBoost Price TargetC$28.00 ➝ C$29.00
10/21/2019Royal Bank of CanadaBoost Price TargetC$24.00 ➝ C$25.00
7/30/2019Royal Bank of CanadaLower Price TargetC$26.00 ➝ C$24.00
7/26/2019National Bank FinancialReiterated RatingOutperformC$32.00
7/9/2019CormarkBoost Price TargetC$32.50 ➝ C$35.00
6/11/2019Eight CapitalBoost Price TargetC$34.00 ➝ C$34.50
4/23/2019CormarkBoost Price TargetC$30.00 ➝ C$32.50
2/11/2019Eight CapitalBoost Price TargetC$27.25 ➝ C$32.25
2/11/2019GMP SecuritiesBoost Price TargetC$27.00 ➝ C$28.50
1/17/2019Haywood SecuritiesLower Price TargetC$29.00 ➝ C$28.00
1/11/2019Eight CapitalBoost Price TargetC$24.50 ➝ C$25.50
12/19/2018Eight CapitalLower Price TargetC$30.00 ➝ C$24.50
12/13/2018GMP SecuritiesLower Price TargetC$32.00 ➝ C$27.00
10/9/2018CormarkLower Price TargetC$35.00 ➝ C$32.00
8/9/2018Eight CapitalLower Price TargetC$39.50 ➝ C$28.50
7/26/2018Royal Bank of CanadaBoost Price TargetOutperformC$28.00 ➝ C$30.00
6/27/2018CormarkBoost Price TargetC$30.00 ➝ C$33.50
5/18/2018CIBCBoost Price TargetC$25.00 ➝ C$30.00
5/9/2018ScotiabankReiterated RatingFocus StockC$30.00
5/9/2018GMP SecuritiesBoost Price TargetC$30.00 ➝ C$31.00
3/6/2018ScotiabankSet Price TargetFocus StockC$28.00
2/7/2018ScotiabankBoost Price TargetFocus StockC$27.00 ➝ C$28.00
1/23/2018CIBCBoost Price TargetC$22.50 ➝ C$25.00
1/11/2018ScotiabankSet Price TargetFocus StockC$27.00
12/13/2017ScotiabankBoost Price TargetFocus StockC$24.00 ➝ C$26.00
12/11/2017Eight CapitalBoost Price TargetC$23.00 ➝ C$30.00
11/23/2017ScotiabankReiterated RatingFocus StockC$24.00
11/10/2017Royal Bank of CanadaBoost Price TargetOutperformC$20.00 ➝ C$24.00
11/8/2017ScotiabankBoost Price TargetFocus StockC$23.00 ➝ C$24.00
10/12/2017ScotiabankReiterated RatingFocus StockC$23.00
9/29/2017ScotiabankReiterated RatingFocus StockC$23.00
9/27/2017Eight CapitalLower Price TargetC$24.50 ➝ C$22.00
(Data available from 7/5/2017 forward)

News Sentiment Rating

0.56 (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
  • 0 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/7/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/6/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/5/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/7/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/6/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/6/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/5/2022
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/5/2022

Current Sentiment

  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.
Parex Resources logo
Parex Resources Inc. engages in the exploration, development, production of oil and natural gas in Colombia. The company holds interests in onshore exploration and production blocks totaling approximately 6,521,632 gross acres. As of December 31, 2021, it had proved plus probable reserves of 198,825 million barrels of oil equivalent. The company was incorporated in 2009 and is headquartered in Calgary, Canada.
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Today's Range

Now: C$22.33
Low: C$21.81
High: C$22.55

50 Day Range

MA: C$25.41
Low: C$20.78
High: C$30.01

52 Week Range

Now: C$22.33
Low: C$17.28
High: C$30.44

Volume

519,538 shs

Average Volume

623,848 shs

Market Capitalization

C$2.57 billion

P/E Ratio

5.19

Dividend Yield

2.94%

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Parex Resources?

The following Wall Street research analysts have issued reports on Parex Resources in the last twelve months: BMO Capital Markets, Cormark, National Bank Financial, National Bankshares, Inc., Royal Bank of Canada, Scotiabank, and Stifel Nicolaus.
View the latest analyst ratings for PXT.

What is the current price target for Parex Resources?

0 Wall Street analysts have set twelve-month price targets for Parex Resources in the last year. Their average twelve-month price target is C$36.29, suggesting a possible upside of 62.5%.
View the latest price targets for PXT.

What is the current consensus analyst rating for Parex Resources?

Parex Resources currently has 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe PXT will outperform the market and that investors should add to their positions of Parex Resources.
View the latest ratings for PXT.

How do I contact Parex Resources' investor relations team?

Parex Resources' physical mailing address is West Tower, 585 8 Ave SW, CALGARY, AB T2P 1G1, Canada. The company's listed phone number is +1-403-2654800. The official website for Parex Resources is www.parexresources.com. Learn More about contacing Parex Resources investor relations.