Analyst Price Target is C$11.74
▲ +38.38% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for Veren in the last 3 months. The average price target is C$11.74, with a high forecast of C$14.00 and a low forecast of C$9.50. The average price target represents a 38.38% upside from the last price of C$8.48.
Current Consensus is
Buy
The current consensus among 7 polled investment analysts is to buy stock in Veren. This rating has held steady since October 2024, when it changed from a Strong Buy consensus rating.
Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.
Read More