Analyst Activity – Royal Bank Of Canada Raises Its Price Target On Paramount Resources (TSE:POU) to C$23.00

Analyst Ratings For Paramount Resources (TSE:POU)

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Today, Royal Bank Of Canada raised its price target on Paramount Resources (TSE:POU) to C$23.00 per share.

There are 8 hold ratings, 2 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on Paramount Resources (TSE:POU) is Hold (Score: 2.36) with a consensus target price of C$16.63 per share, a potential .

Some recent analyst ratings include

  • 2/15/2017-Raymond James Financial, Inc. Upgrade from a “Outperform ” rating to a ” Strong-Buy” rating.
  • 12/19/2016-Scotiabank Reiterated Rating of Outperform.

    About Paramount Resources (TSE:POU)
    Paramount Resources Ltd. is engaged in exploring and developing conventional petroleum and natural gas prospects, which pursues non-conventional exploration and pre-development projects and holds a portfolio of investments in other entities. The Company’s principal properties are primarily located in Alberta, British Columbia and Northwest Territories. The Company operates in three business segments: Principal Properties, Strategic Investments and Corporate. The Company’s Principal Properties segment includes its corporate operating units (COUs), which are involved in the exploration, development, production and marketing of natural gas, natural gas liquids and crude oil having similar economic characteristics. Its COUs include the Kaybob COU, the Grande Prairie COU, the Southern COU and the Northern COU. The Company’s Strategic Investments segment includes investments in other entities, such as affiliates.

    Recent Trading Activity for Paramount Resources (TSE:POU)
    Shares of Paramount Resources closed the previous trading session at 18.39 up +0.56 3.14% with 667,160 shares trading hands.

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