Evolution of the Average Target: Parex Resources Inc.

Evolution of the Target Price: Parex Resources Inc.

Changes in Analyst Recommendations: Parex Resources Inc.

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11-24 RBC Names Suncor Energy, Canadian Natural Resources as Top Picks in Integrated Oil, Exploration and Production Cos MT
25-09-29 Parex Resources Price Target Raised to $20 at RBC MT
25-09-15 Parex Resources Upgraded to Outperform at BMO MT
25-01-15 Parex Resources Kept at Market Perform at BMO Following Guidance, Q4 Production; Price Target Raised to C$16.00 MT
24-08-30 Parex Resources Downgraded to Sector Perform at RBC MT
24-01-17 Parex Resources Maintained at Buy at Stifel FirstEnergy Following 2024 Guidance; Price Target Cut to C$32.75 MT
23-11-09 Parex Resources Upgraded to Outperform at RBC MT
23-11-08 Parex Resources Maintained at Buy at Stifel FirstEnergy Following Q3 Results; Price Target Kept at C$37.50 MT
23-05-11 Parex Resources Kept at Buy at Stifel FirstEnergy as Q1 Result Top Estimates; Price Target Raised to C$37.50 MT
23-05-11 Parex Resources Downgraded to Sector Perform at RBC MT
23-02-21 Parex Resources Maintained at Outperform by BMO Following Management Meetings; Price Target Kept at C$33.00 MT
23-02-03 Parex Resources Outperform Rating Reiterated at BMO Following Dividend Hike, Guidance; Price Target Kept at C$33.00 MT
23-02-01 Parex Resources Kept at Buy at BMO as Colombia to Honor Current Production Contracts; Price Target Raised to C$33.00 MT
22-12-13 Parex Resources Kept at Outperform by BMO Capital Following Investor Day Presentations; Price Target Cut to C$30.00 MT
22-12-07 Parex Resources Reiterates Outperform Rating on Parex Resources Following 2023 Guidance; Price Target Kept at C$32.00 MT
22-12-07 Parex Resources Buy Rating Reiterated by Stifel GMP on Higher Production, 2023 Guidance; Price Target Cut to C$30.00 MT
22-10-17 Parex Resources Buy Rating Maintained at Stifel GMP After Q3 Production Release; Price Target Trimmed to C$35.00 MT
22-08-05 Parex Resources Buy Rating Reiterated by Stifel FirstEnergy Following Q2 Results; Price Target Lowered to C$37.00 MT
22-07-14 Parex Resources Outperform Rating Maintained at BMO Capital Following Q2 Production Data MT
22-06-21 Parex Resources Maintained as Sector Outperform by Scotiabank Following Petro's Colombian Presidential Win MT
22-05-26 Scotiabank Reiterates its Sector Outperform Rating on Parex Resources Despite Political Risks From Colombia Election MT
22-02-03 Parex Resources Target Price Raised to $36 at BMO MT
21-09-02 Parex Resources : Upgraded to Outperform at RBC MT
21-05-12 Parex Resources : Downgraded to Sector Perform at RBC MT

Consensus Analysts' recommendations evolution (4 months) Financial estimates divergence Analysts' Target price divergence Objective/dr gap
+19.19%
+18.89%
+16.06%
- -
+24.48%
+20.56%
+40.82%
+61.38%
Average +28.77%
Weighted average by Cap. +20.52%
See all sector consensus

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
25.66CAD
Average target price
30.58CAD
Spread / Average Target
+19.19%
High Price Target
37.00CAD
Spread / Highest target
+44.19%
Low Price Target
27.00CAD
Spread / Lowest Target
+5.22%

Analyst Consensus Detail

Consensus revision (last 18 months)

Analysts covering the company

RBC Capital Markets
BMO Capital
Stifel FirstEnergy
Scotiabank
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
25.66CAD
Average target price
30.58CAD
Spread / Average Target
+19.19%

Annual profits - Rate of surprise

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