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
29/09/25 Parex Resources Price Target Raised to $20 at RBC MT
15/09/25 Parex Resources Upgraded to Outperform at BMO MT
15/01/25 Parex Resources Kept at Market Perform at BMO Following Guidance, Q4 Production; Price Target Raised to C$16.00 MT
30/08/24 Parex Resources Downgraded to Sector Perform at RBC MT
17/01/24 Parex Resources Maintained at Buy at Stifel FirstEnergy Following 2024 Guidance; Price Target Cut to C$32.75 MT
09/11/23 Parex Resources Upgraded to Outperform at RBC MT
08/11/23 Parex Resources Maintained at Buy at Stifel FirstEnergy Following Q3 Results; Price Target Kept at C$37.50 MT
11/05/23 Parex Resources Kept at Buy at Stifel FirstEnergy as Q1 Result Top Estimates; Price Target Raised to C$37.50 MT
11/05/23 Parex Resources Downgraded to Sector Perform at RBC MT
21/02/23 Parex Resources Maintained at Outperform by BMO Following Management Meetings; Price Target Kept at C$33.00 MT
03/02/23 Parex Resources Outperform Rating Reiterated at BMO Following Dividend Hike, Guidance; Price Target Kept at C$33.00 MT
01/02/23 Parex Resources Kept at Buy at BMO as Colombia to Honor Current Production Contracts; Price Target Raised to C$33.00 MT
13/12/22 Parex Resources Kept at Outperform by BMO Capital Following Investor Day Presentations; Price Target Cut to C$30.00 MT
07/12/22 Parex Resources Reiterates Outperform Rating on Parex Resources Following 2023 Guidance; Price Target Kept at C$32.00 MT
07/12/22 Parex Resources Buy Rating Reiterated by Stifel GMP on Higher Production, 2023 Guidance; Price Target Cut to C$30.00 MT
17/10/22 Parex Resources Buy Rating Maintained at Stifel GMP After Q3 Production Release; Price Target Trimmed to C$35.00 MT
05/08/22 Parex Resources Buy Rating Reiterated by Stifel FirstEnergy Following Q2 Results; Price Target Lowered to C$37.00 MT
14/07/22 Parex Resources Outperform Rating Maintained at BMO Capital Following Q2 Production Data MT
21/06/22 Parex Resources Maintained as Sector Outperform by Scotiabank Following Petro's Colombian Presidential Win MT
26/05/22 Scotiabank Reiterates its Sector Outperform Rating on Parex Resources Despite Political Risks From Colombia Election MT
03/02/22 Parex Resources Target Price Raised to $36 at BMO MT
02/09/21 PAREX RESOURCES : Upgraded to Outperform at RBC MT
12/05/21 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
+25.19%
+27.05%
+18.6%
- -
+32.08%
+22.57%
+46.95%
+74.31%
Average +35.25%
Weighted average by Cap. +26.12%
See all sector consensus

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
24.43CAD
Average target price
30.58CAD
Spread / Average Target
+25.19%
High Price Target
37.00CAD
Spread / Highest target
+51.45%
Low Price Target
27.00CAD
Spread / Lowest Target
+10.52%

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
24.43CAD
Average target price
30.58CAD
Spread / Average Target
+25.19%

Annual profits - Rate of surprise

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