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Baytex Energy - BTE Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$6.11
  • Forecasted Upside: 45.50%
  • Number of Analysts: 9
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
C$4.20 As of 11/20/2024 01:00 AM ET
▲ +0.07 (1.69%)

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

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Analyst Price Target for BTE

Analyst Price Target is C$6.11
▲ +45.50% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Baytex Energy in the last 3 months. The average price target is C$6.11, with a high forecast of C$7.50 and a low forecast of C$5.00. The average price target represents a 45.50% upside from the last price of C$4.20.

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

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Current Consensus is Moderate Buy

The current consensus among 9 polled investment analysts is to moderate buy stock in Baytex Energy. This rating has held steady since January 2023, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
5/30/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
8/28/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
5/24/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
8/22/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
10/21/2024
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
11/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/22/2024Canaccord Genuity GroupLower TargetC$6.50 ➝ C$6.00
10/17/2024Raymond JamesUpgradeHold
10/1/2024TD SecuritiesLower TargetC$6.00 ➝ C$5.50
9/27/2024National BanksharesLower TargetC$8.00 ➝ C$7.50
9/17/2024Royal Bank of CanadaLower TargetC$6.50 ➝ C$5.50
7/26/2024Canaccord Genuity GroupBoost TargetC$6.25 ➝ C$6.50
5/13/2024Royal Bank of CanadaLower TargetOutperformC$7.00 ➝ C$6.50
5/10/2024TD SecuritiesBoost TargetC$5.50 ➝ C$6.00
4/23/2024Stifel NicolausBoost TargetBuyC$6.25 ➝ C$7.00
4/22/2024CIBCBoost TargetNeutralC$6.00 ➝ C$6.50
4/9/2024BMO Capital MarketsSet TargetMarket PerformC$6.00
2/29/2024Royal Bank of CanadaLower TargetOutperformC$8.00 ➝ C$7.00
2/29/2024TD SecuritiesLower TargetBuyC$6.50 ➝ C$6.00
2/29/2024Stifel NicolausBoost TargetBuyC$6.00 ➝ C$6.25
2/29/2024ATB CapitalLower TargetOutperformC$6.50 ➝ C$6.00
1/19/2024Raymond JamesLower TargetMarket PerformC$6.75 ➝ C$5.00
1/18/2024ATB CapitalLower TargetOutperformC$7.00 ➝ C$6.50
1/16/2024CIBCLower TargetNeutralC$8.00 ➝ C$6.00
1/10/2024National BanksharesLower TargetOutperformC$8.25 ➝ C$7.25
12/7/2023National BanksharesLower TargetOutperformC$9.25 ➝ C$8.25
12/7/2023ATB CapitalLower TargetOutperformC$7.50 ➝ C$7.00
12/7/2023Canaccord Genuity GroupLower TargetBuyC$8.00 ➝ C$7.75
12/7/2023Stifel NicolausLower TargetBuyC$8.25 ➝ C$7.00
11/6/2023Stifel NicolausBoost TargetBuyC$7.50 ➝ C$8.25
11/3/2023National BanksharesUpgradeSector Perform ➝ OutperformC$8.50 ➝ C$9.25
11/3/2023Canaccord Genuity GroupBoost TargetBuyC$7.50 ➝ C$8.00
11/3/2023TD SecuritiesBoost TargetBuyC$7.00 ➝ C$7.50
11/3/2023ATB CapitalLower TargetOutperformC$8.00 ➝ C$7.50
11/3/2023BMO Capital MarketsBoost TargetC$8.00 ➝ C$8.50
10/20/2023Canaccord Genuity GroupBoost TargetC$6.00 ➝ C$7.50
10/16/2023ScotiabankBoost TargetSector PerformC$6.00 ➝ C$6.75
10/16/2023BMO Capital MarketsBoost TargetC$7.50 ➝ C$8.00
10/10/2023Royal Bank of CanadaBoost TargetOutperformC$8.00 ➝ C$8.50
9/29/2023BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$5.50 ➝ C$7.50
9/8/2023Raymond JamesBoost TargetMarket PerformC$5.25 ➝ C$6.75
7/21/2023Canaccord Genuity GroupSet TargetBuyC$6.00
7/14/2023Raymond JamesLower TargetC$5.50 ➝ C$5.25
7/12/2023Royal Bank of CanadaLower TargetC$9.00 ➝ C$8.00
6/21/2023BMO Capital MarketsLower TargetC$6.00 ➝ C$5.50
5/8/2023Stifel NicolausLower TargetC$7.00 ➝ C$6.25
5/5/2023BMO Capital MarketsLower TargetC$6.50 ➝ C$6.00
4/27/2023Atb Cap MarketsReiterated RatingOutperform
4/17/2023BMO Capital MarketsBoost TargetC$6.00 ➝ C$6.50
4/13/2023ScotiabankLower TargetC$8.00 ➝ C$6.50
4/11/2023Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$9.00
3/27/2023BMO Capital MarketsLower TargetC$7.50 ➝ C$6.00
3/2/2023Raymond JamesDowngradeOutperform ➝ Market PerformC$8.00 ➝ C$5.50
3/2/2023TD SecuritiesUpgradeHold ➝ BuyC$7.00
3/1/2023ATB CapitalUpgradeSector Perform ➝ Outperform
3/1/2023National BanksharesBoost TargetSector PerformC$7.75 ➝ C$8.50
3/1/2023Stifel NicolausLower TargetC$8.00 ➝ C$7.00
3/1/2023National Bank FinancialBoost TargetC$7.75 ➝ C$8.50
2/24/2023TD SecuritiesLower TargetHold ➝ HoldC$7.50 ➝ C$7.00
1/17/2023CIBCLower TargetC$8.50 ➝ C$8.00
1/16/2023Stifel NicolausLower TargetC$8.25 ➝ C$8.00
1/16/2023Raymond JamesLower TargetOutperformC$9.50 ➝ C$8.00
12/13/2022BMO Capital MarketsLower TargetC$9.00 ➝ C$8.00
12/9/2022Stifel NicolausLower TargetC$9.00 ➝ C$8.25
12/8/2022TD SecuritiesLower TargetHoldC$8.50 ➝ C$7.50
12/6/2022ATB CapitalBoost TargetSector PerformC$8.00 ➝ C$9.00
11/7/2022Royal Bank of CanadaBoost TargetSector PerformC$8.50 ➝ C$9.00
11/7/2022Stifel NicolausBoost TargetC$8.75 ➝ C$9.00
11/4/2022TD SecuritiesBoost TargetHoldC$7.50 ➝ C$8.50
11/4/2022BMO Capital MarketsBoost TargetC$8.50 ➝ C$9.00
11/4/2022National BanksharesDowngradeOutperform ➝ Sector PerformC$9.00
9/30/2022National BanksharesLower TargetC$10.00 ➝ C$9.00
8/22/2022CIBCLower TargetC$10.00 ➝ C$8.50
7/28/2022Standpoint ResearchLower TargetC$9.00 ➝ C$8.57
7/18/2022National BanksharesLower TargetOutperformC$10.50 ➝ C$10.00
7/5/2022Raymond JamesBoost TargetOutperformC$9.00 ➝ C$9.50
7/4/2022Stifel NicolausBoost TargetC$8.25 ➝ C$9.00
6/8/2022ScotiabankBoost TargetC$6.75 ➝ C$9.00
5/2/2022Raymond JamesSet TargetOutperformC$9.00
5/2/2022Royal Bank of CanadaBoost TargetSector PerformC$6.00 ➝ C$7.00
5/2/2022Standpoint ResearchReiterated RatingBuyC$7.00 ➝ C$8.25
4/29/2022National BanksharesBoost TargetOutperformC$8.75 ➝ C$9.50
4/29/2022TD SecuritiesBoost TargetHoldC$6.50 ➝ C$7.50
4/29/2022BMO Capital MarketsBoost TargetC$8.00 ➝ C$8.50
4/14/2022CIBCBoost TargetC$7.00 ➝ C$8.00
4/14/2022National BanksharesUpgradeSector Perform ➝ BuyC$6.50 ➝ C$8.75
3/25/2022Raymond JamesBoost TargetOutperformC$6.50 ➝ C$9.00
3/8/2022ScotiabankBoost TargetC$4.50 ➝ C$6.25
3/3/2022CIBCBoost TargetC$5.00 ➝ C$7.00
2/25/2022Raymond JamesSet TargetOutperformC$6.50
2/25/2022TD SecuritiesBoost TargetHoldC$4.75 ➝ C$5.25
1/19/2022Raymond JamesBoost TargetOutperformC$5.75 ➝ C$6.50
1/13/2022CIBCBoost TargetC$4.25 ➝ C$5.00
12/2/2021TD SecuritiesLower TargetHoldC$4.50 ➝ C$4.25
12/2/2021Raymond JamesBoost TargetOutperformC$5.50 ➝ C$5.75
11/23/2021ATB CapitalBoost TargetC$3.50 ➝ C$4.75
11/19/2021ScotiabankBoost TargetC$3.75 ➝ C$4.25
11/8/2021Royal Bank of CanadaBoost TargetSector PerformC$4.00 ➝ C$4.50
11/8/2021National BanksharesBoost TargetSector PerformC$4.50 ➝ C$5.00
11/5/2021Raymond JamesReiterated RatingOutperformC$5.50
11/5/2021TD SecuritiesBoost TargetHoldC$3.50 ➝ C$4.50
10/20/2021BMO Capital MarketsBoost TargetC$3.75 ➝ C$4.50
10/18/2021Raymond JamesBoost TargetOutperformC$3.50 ➝ C$5.50
10/15/2021CIBCBoost TargetNAC$3.00 ➝ C$4.25
10/14/2021ScotiabankBoost TargetC$2.75 ➝ C$3.75
9/3/2021Raymond JamesReiterated RatingOutperformC$3.50
9/2/2021CIBCReiterated RatingHoldC$3.00
7/30/2021Raymond JamesBoost TargetOutperformC$3.25 ➝ C$3.50
7/29/2021CIBCReiterated RatingNeutralC$3.00
7/15/2021ScotiabankBoost TargetC$2.25 ➝ C$2.75
7/14/2021CIBCBoost TargetNAC$1.75 ➝ C$3.00
6/30/2021Raymond JamesBoost TargetOutperformC$2.25 ➝ C$3.25
6/21/2021BMO Capital MarketsBoost TargetNAC$1.75 ➝ C$2.75
6/9/2021ScotiabankUpgradeUnderperform ➝ Sector PerformC$1.75 ➝ C$2.25
6/7/2021Royal Bank of CanadaBoost TargetSector PerformC$1.80 ➝ C$2.20
5/3/2021CIBCReiterated RatingNeutralC$1.75
5/3/2021Royal Bank of CanadaBoost TargetOutperformC$1.50 ➝ C$1.80
4/30/2021National Bank FinancialBoost TargetSector PerformC$1.75 ➝ C$2.00
4/30/2021National BanksharesBoost TargetSector PerformC$1.75 ➝ C$2.00
4/30/2021Raymond JamesBoost TargetOutperformC$1.75 ➝ C$2.25
4/30/2021TD SecuritiesBoost TargetHoldC$1.50 ➝ C$1.65
4/30/2021ATB CapitalUpgradeUnderperform ➝ Sector PerformC$1.60 ➝ C$1.75
4/30/2021ScotiabankBoost TargetC$1.60 ➝ C$1.75
4/15/2021ScotiabankBoost TargetC$1.00 ➝ C$1.60
4/14/2021CIBCLower TargetNeutralC$2.00 ➝ C$1.75
3/17/2021Raymond JamesBoost TargetMarket Perform ➝ OutperformC$1.25 ➝ C$1.75
3/15/2021BMO Capital MarketsBoost TargetNAC$1.50 ➝ C$1.75
2/26/2021Royal Bank of CanadaBoost TargetSector PerformC$1.20 ➝ C$1.50
2/25/2021Raymond JamesBoost TargetMarket PerformC$1.00 ➝ C$1.25
2/25/2021TD SecuritiesBoost TargetHoldC$0.90 ➝ C$1.30
2/25/2021National Bank FinancialBoost TargetSector PerformC$1.50 ➝ C$1.75
2/25/2021BMO Capital MarketsBoost TargetNAC$1.00 ➝ C$1.50
2/19/2021National Bank FinancialBoost TargetC$1.00 ➝ C$1.50
2/17/2021Eight CapitalBoost TargetBuyC$1.75
1/15/2021Raymond JamesUpgradeUnderperform ➝ Market PerformC$0.70 ➝ C$1.00
1/11/2021ATB CapitalBoost TargetC$0.70 ➝ C$0.85
12/16/2020CIBCBoost TargetC$0.75 ➝ C$1.00
12/4/2020TD SecuritiesBoost TargetHoldC$0.55 ➝ C$0.75
12/3/2020Raymond JamesBoost TargetUnderperformC$0.50 ➝ C$0.70
11/3/2020Raymond JamesSet TargetUnderperformC$0.50
10/14/2020Raymond JamesLower TargetUnderperformC$0.65 ➝ C$0.50
10/13/2020ScotiabankLower TargetC$0.75 ➝ C$0.70
7/31/2020Raymond JamesSet TargetUnderperformC$0.65
7/30/2020National Bank FinancialBoost TargetSector PerformC$0.75 ➝ C$0.90
7/16/2020CIBCBoost TargetC$0.75 ➝ C$0.85
7/15/2020Raymond JamesBoost TargetUnderperformC$0.40 ➝ C$0.65
7/14/2020Credit Suisse GroupBoost TargetC$0.60 ➝ C$0.70
7/14/2020CSFBBoost TargetC$0.60 ➝ C$0.70
7/10/2020ATB CapitalBoost TargetC$0.55 ➝ C$0.60
6/26/2020Raymond JamesBoost TargetUnderperformC$0.30 ➝ C$0.40
6/26/2020Eight CapitalUpgradeNeutral ➝ Buy
6/24/2020National Bank FinancialBoost TargetSector PerformC$0.50 ➝ C$0.75
6/15/2020ScotiabankBoost TargetC$0.60 ➝ C$0.65
5/8/2020Tudor PickeringReiterated RatingHoldC$0.50
5/8/2020Raymond JamesSet TargetUnderperformC$0.30
5/8/2020Tudor Pickering & HoltSet TargetHoldC$0.50
4/22/2020Raymond JamesLower TargetUnderperformC$0.40 ➝ C$0.30
4/22/2020CIBCLower TargetC$1.00 ➝ C$0.75
3/25/2020Raymond JamesLower TargetUnderperformC$0.50 ➝ C$0.40
3/25/2020CSFBDowngradeOutperform ➝ Neutral
3/22/2020Royal Bank of CanadaLower TargetSector PerformC$0.80 ➝ C$0.60
3/20/2020TD SecuritiesLower TargetHoldC$0.65 ➝ C$0.50
3/19/2020Stifel FirstegyDowngradeBuy ➝ Hold
3/19/2020Raymond JamesLower TargetUnderperformC$0.75 ➝ C$0.50
3/19/2020National Bank FinancialLower TargetSector PerformC$1.00 ➝ C$0.50
3/19/2020Eight CapitalLower TargetC$1.00 ➝ C$0.50
3/19/2020ScotiabankDowngradeOutperform ➝ Sector PerformC$3.25 ➝ C$0.75
3/16/2020Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$2.50 ➝ C$0.80
3/13/2020TD SecuritiesDowngradeBuy ➝ HoldC$2.60 ➝ C$0.65
3/12/2020Raymond JamesDowngradeMarket Perform ➝ UnderperformC$2.00 ➝ C$0.75
3/10/2020National Bank FinancialDowngradeOutperform ➝ Sector PerformC$2.50 ➝ C$1.00
3/5/2020Raymond JamesSet TargetMarket PerformC$2.00
3/4/2020Tudor PickeringReiterated RatingHoldC$1.75
3/4/2020Tudor Pickering & HoltSet TargetHoldC$1.75
2/12/2020Laurentian Bank of CanadaLower TargetC$3.50 ➝ C$3.00
2/12/2020LaurentianLower TargetC$3.50 ➝ C$3.00
2/6/2020Stifel FirstegyReiterated RatingBuy
1/31/2020National Bank FinancialLower TargetOutperformC$3.25 ➝ C$2.50
1/21/2020Tudor PickeringReiterated RatingHoldC$2.25
1/21/2020Raymond JamesSet TargetMarket PerformC$2.00
1/21/2020Tudor Pickering & HoltSet TargetHoldC$2.25
1/14/2020ScotiabankLower TargetC$3.50 ➝ C$3.25
12/6/2019Raymond JamesSet TargetMarket PerformC$2.00
12/6/2019CSFBLower TargetOutperformC$3.50 ➝ C$3.00
(Data available from 11/21/2019 forward)

News Sentiment Rating

0.76 (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
  • 5 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/25/2024
  • 8 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 4 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 6 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 7 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 5 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 6 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024

Current Sentiment

  • 6 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Baytex Energy logo
Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. It also holds interest in the Eagle Ford property in Texas; Viking and Lloydminster properties in Alberta and Saskatchewan; and Peace River and Duvernay properties in Alberta. Baytex Energy Corp. was incorporated in 1993 and is headquartered in Calgary, Canada.
Read More

Today's Range

Now: C$4.20
Low: C$4.16
High: C$4.24

50 Day Range

MA: C$4.17
Low: C$3.86
High: C$4.45

52 Week Range

Now: C$4.20
Low: C$3.85
High: C$5.55

Volume

3,217,961 shs

Average Volume

4,692,787 shs

Market Capitalization

C$3.38 billion

P/E Ratio

N/A

Dividend Yield

2.24%

Beta

2.61

Frequently Asked Questions

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

The following equities research analysts have issued research reports on Baytex Energy in the last twelve months: ATB Capital, BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, National Bankshares, Inc., Raymond James, Royal Bank of Canada, Stifel Nicolaus, and TD Securities.
View the latest analyst ratings for BTE.

What is the current price target for Baytex Energy?

0 Wall Street analysts have set twelve-month price targets for Baytex Energy in the last year. Their average twelve-month price target is C$6.11, suggesting a possible upside of 45.5%. National Bankshares, Inc. has the highest price target set, predicting BTE will reach C$7.50 in the next twelve months. Raymond James has the lowest price target set, forecasting a price of C$5.00 for Baytex Energy in the next year.
View the latest price targets for BTE.

What is the current consensus analyst rating for Baytex Energy?

Baytex Energy currently has 3 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for BTE.

What other companies compete with Baytex Energy?

Other companies that are similar to Baytex Energy include Husky Energy Inc. (HSE.TO), Paramount Resources, Coro Mining, Sandstorm Gold and Vermilion Energy. Learn More about companies similar to Baytex Energy.

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

Baytex Energy's physical mailing address is 2800-520 3 Ave SW, CALGARY, AB T2P 0R3, Canada. The company's listed phone number is +1-587-9523000. The official website for Baytex Energy is www.baytex.ab.ca. Learn More about contacing Baytex Energy investor relations.