Consensus Parex Resources Inc.

Equities

PXT

CA69946Q1046

Market Closed - Toronto S.E. 04:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
24.33 CAD +0.41% Intraday chart for Parex Resources Inc. +3.05% -2.48%

Evolution of the average Target Price on Parex Resources Inc.

Price target over the last 5 years

History of analyst recommendation changes

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Parex Resources Maintained at Buy at Stifel FirstEnergy Following 2024 Guidance; Price Target Cut to C$32.75 MT
North American Morning Briefing : Central Bankers Push Back Against Rate Cuts DJ
Parex Resources Upgraded to Outperform at RBC MT
Parex Resources Maintained at Buy at Stifel FirstEnergy Following Q3 Results; Price Target Kept at C$37.50 MT
Parex Resources Kept at Buy at Stifel FirstEnergy as Q1 Result Top Estimates; Price Target Raised to C$37.50 MT
Parex Resources Downgraded to Sector Perform at RBC MT
Parex Resources Maintained at Outperform by BMO Following Management Meetings; Price Target Kept at C$33.00 MT
Parex Resources Outperform Rating Reiterated at BMO Following Dividend Hike, Guidance; Price Target Kept at C$33.00 MT
Parex Resources Kept at Buy at BMO as Colombia to Honor Current Production Contracts; Price Target Raised to C$33.00 MT
Parex Resources Kept at Outperform by BMO Capital Following Investor Day Presentations; Price Target Cut to C$30.00 MT
Parex Resources Reiterates Outperform Rating on Parex Resources Following 2023 Guidance; Price Target Kept at C$32.00 MT
Parex Resources Buy Rating Reiterated by Stifel GMP on Higher Production, 2023 Guidance; Price Target Cut to C$30.00 MT
Parex Resources Buy Rating Maintained at Stifel GMP After Q3 Production Release; Price Target Trimmed to C$35.00 MT
Parex Resources Brief: On Production, Notes FY 2022 revised production guidance to average 52,000 to 53,000 boe/d, with exit rate to still exceed 60,000 boe/d; FY 2021 average production was 46,998 boe/d MT
Parex Resources Buy Rating Reiterated by Stifel FirstEnergy Following Q2 Results; Price Target Lowered to C$37.00 MT
Parex Resources Outperform Rating Maintained at BMO Capital Following Q2 Production Data MT
Parex Resources Maintained as Sector Outperform by Scotiabank Following Petro's Colombian Presidential Win MT
Scotiabank Reiterates its Sector Outperform Rating on Parex Resources Despite Political Risks From Colombia Election MT
Parex Resources Target Price Raised to $36 at BMO MT
PAREX RESOURCES : Upgraded to Outperform at RBC MT
PAREX RESOURCES : Downgraded to Sector Perform at RBC MT
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Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
24.33 CAD
Average target price
30.5 CAD
Spread / Average Target
+25.34%
High Price Target
33 CAD
Spread / Highest target
+35.64%
Low Price Target
27 CAD
Spread / Lowest Target
+10.97%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Parex Resources Inc.

Stifel FirstEnergy
RBC Capital Markets
BMO Capital
Scotiabank
Trading Rating
Investor Rating
ESG Refinitiv
B+
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