Analyst Price Target is C$37.60
▲ +21.88% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Paramount Resources in the last 3 months. The average price target is C$37.60, with a high forecast of C$44.00 and a low forecast of C$29.00. The average price target represents a 21.88% upside from the last price of C$30.85.
Current Consensus is
Moderate Buy
The current consensus among 10 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. explores for and develops conventional and unconventional petroleum and natural gas reserves and resources in Canada. The company holds interests in the Karr and Wapiti Montney properties covering an area of 109,000 net acres located south of the city of Grande Prairie, Alberta; Kaybob North Duvernay development and natural gas producing properties covering an area of 124,000 net acres located in west-central Alberta; and Willesden Green Duvernay development in central Alberta and shale gas producing properties in the Horn River Basin in northeast British Columbia covering an area of 249,000 net acres. The company was founded in 1976 and is based in Calgary, Canada.
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