Analyst Activity – Scotiabank Reiterates Outperform on Paramount Resources (TSE:POU)

Analyst Ratings For Paramount Resources (TSE:POU)

Story continues below

Today, Scotiabank reiterated its Outperform rating on Paramount Resources (TSE:POU) with a price target of C$24.00.

There are 6 hold ratings, 2 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on Paramount Resources (TSE:POU) is Hold (Score: 2.44) with a consensus target price of C$18.23 per share, a potential .

Some recent analyst ratings include

  • 5/2/2017-Scotiabank Reiterated Rating of Outperform.
  • 3/10/2017-TD Securities Reiterated Rating of Hold.
  • 2/16/2017-GMP Securities Upgrade from a “Hold ” rating to a ” Buy” rating.

    About Paramount Resources (TSE:POU)
    Paramount Resources Ltd. is an energy company. The Company explores and develops unconventional and conventional petroleum and natural gas prospects, including long-term unconventional exploration and pre-development projects, and holds a portfolio of investments in other entities. The Company’s segments include Principal Properties, Strategic Investments and Corporate. The Principal Properties segment includes the Company’s Corporate Operating Units (COUs), which are involved in the exploration, development, production and marketing of natural gas, natural gas liquids and crude oil. The Strategic investments include investments in other entities; investments in exploration and development stage assets, including oil sands and carbonate bitumen interests, and prospective shale gas acreage in the Liard and Horn River Basin, and drilling rigs owned by its subsidiary, Fox Drilling Limited Partnership (Fox Drilling). Fox Drilling owns seven triple-sized rigs.

    Recent Trading Activity for Paramount Resources (TSE:POU)
    Shares of Paramount Resources closed the previous trading session at 17.19 down -0.17 -0.98% with 300,830 shares trading hands.

    An ad to help with our costs