Analyst Activity – TD Securities Raises Its Price Target On Parex Resources (TSE:PXT) to C$22.00

Analyst Ratings For Parex Resources (TSE:PXT)

Today, TD Securities raised its price target on Parex Resources (TSE:PXT) to C$22.00 per share.

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

The current consensus rating on Parex Resources (TSE:PXT) is Buy (Score: 3.11) with a consensus target price of C$20.45 per share, a potential .

Some recent analyst ratings include

  • 3/2/2017-Canaccord Genuity Reiterated Rating of Buy.

    About Parex Resources (TSE:PXT)
    Parex Resources, Inc. is a Canada-based oil and gas company. The Company is engaged in crude oil exploration, development and production in Colombia. The Company’s segments include Canada and Colombia. The Company, through its foreign subsidiaries, holds interests in onshore exploration and production blocks totaling approximately 1,870,120 gross acres. The Company’s annual oil production is approximately 27,430 barrels per day. The Company’s principal land holdings and interests in exploration and production blocks held by its subsidiaries include LLA-16, 20, 29 and 30; LLA-57; Los Ocarros; El Eden; Cabrestero; LLA-40; LLA-24; LLA-26; Cebucan; LLA-32; LLA-10, which are located in Colombia Llanos Basin; VMM-11; Morpho; VIM-1, and VMM-9, which are located in Colombia Magdalena Basin. Its subsidiaries include Parex Resources Colombia, Ltd., Ramshorn International Limited and Parex Resources (Trinidad), Ltd., which are engaged in oil and natural gas exploration and development.

    Recent Trading Activity for Parex Resources (TSE:PXT)
    Shares of Parex Resources closed the previous trading session at 17.28 0.00 0.00% with 288,283 shares trading hands.

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