Analyst Price Target is C$30.86
▲ +30.09% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for PrairieSky Royalty in the last 3 months. The average price target is C$30.86, with a high forecast of C$34.00 and a low forecast of C$27.00. The average price target represents a 30.09% upside from the last price of C$23.72.
Current Consensus is
Moderate Buy
The current consensus among 7 investment analysts is to moderate buy stock in PrairieSky Royalty. This rating has held steady since October 2024, when it changed from a Hold consensus rating.
PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.
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