Analyst Price Target is C$34.57
▲ +5.98% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Strathcona Resources in the last 3 months. The average price target is C$34.57, with a high forecast of C$40.00 and a low forecast of C$31.00. The average price target represents a 5.98% upside from the last price of C$32.62.
Current Consensus is
Hold
The current consensus among 7 investment analysts is to hold stock in Strathcona Resources. This Hold consensus rating has held steady for over two years.
Strathcona Resources Ltd. acquires, explores, develops, and produces petroleum and natural gas reserves in Canada. It operates through three segments: Cold Lake Thermal, Lloydminster Heavy Oil, and Montney. The Cold Lake Thermal segment includes three producing assets in the Cold Lake region of Northern Alberta; and Lindbergh, Orion, and Tucker. The Lloydminster Heavy Oil segment has multiple oil-in-place reservoirs accessed through enhanced oil recovery techniques and thermal steam-assisted gravity drainage located in Southwest Saskatchewan. The Montney segment includes assets in the Northwest Alberta Kakwa region; Grande Prairie regions; and the Northeast British Columbia Groundbirch region. Strathcona Resources Ltd. was incorporated in 2009 and is headquartered in Calgary, Canada.
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