PrairieSky Royalty (PSK) Stock Forecast & Price Target

C$25.13

+0.20 (+0.80%)

(As of 12/1/2023 ET)

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Today's Range: C$24.78
▼
C$25.16
50-Day Range: C$23.66
▼
C$25.45
52-Week Range: C$19.55
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C$26.90

Volume: 224,825 shs
Average Volume: 427,125 shs
Market Capitalization: C$6.01 billion

P/E Ratio: 26.45
Dividend Yield: 3.82%
Price Target: C$26.73

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

PrairieSky Royalty Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 7 Analyst Ratings

Analysts' Consensus Price Target

C$26.73
6.35% Upside

High Forecast	C$33.00
Average Forecast	C$26.73
Low Forecast	C$23.75

Type	Current Forecast 12/3/22 to 12/3/23	1 Month Ago 11/3/22 to 11/3/23	3 Months Ago 9/4/22 to 9/4/23	1 Year Ago 12/3/21 to 12/3/22
Consensus Rating	Hold	Hold	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	4 Buy rating(s)	5 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	2 Hold rating(s)	5 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	C$26.73	C$26.73	C$25.55	C$23.40
Predicted Upside	6.35% Upside	6.65% Upside	9.30% Upside	26.64% Upside

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PSK Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

PSK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

PrairieSky Royalty Stock vs. The Competition

Type	PrairieSky Royalty	Energy Companies
Consensus Rating Score	2.43	2.61
Consensus Rating	Hold	Moderate Buy
News Sentiment Rating	Positive News	Neutral News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/24/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$27.50 ➝ C$27.25	+11.59%
10/20/2023	ATB Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$23.00 ➝ C$26.50	+9.23%
10/20/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$24.75 ➝ C$25.25	+4.08%
10/16/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	C$22.00 ➝ C$25.00	-0.32%
10/12/2023	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	C$26.00 ➝ C$28.00	+12.63%
9/8/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	C$30.00 ➝ C$33.00	+28.16%
7/18/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	C$23.00 ➝ C$24.00	-8.50%
7/18/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	C$25.00 ➝ C$26.00	-0.88%
7/14/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$26.50 ➝ C$28.50	+13.10%
1/12/2023	Stifel Firstegy Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Dunn Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy

(Data available from 12/3/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

PSK Price Target - Frequently Asked Questions

What is PrairieSky Royalty's consensus rating and price target?: According to the issued ratings of 7 analysts in the last year, the consensus rating for PrairieSky Royalty stock is Hold based on the current 4 hold ratings and 3 buy ratings for PSK. The average twelve-month price prediction for PrairieSky Royalty is C$26.73 with a high price target of C$33.00 and a low price target of C$23.75. Learn more on PSK's analyst rating history.
Do Wall Street analysts like PrairieSky Royalty more than its competitors?: Analysts like PrairieSky Royalty less than other Energy companies. The consensus rating for PrairieSky Royalty is Hold while the average consensus rating for energy companies is Moderate Buy. Learn more on how PSK compares to other companies.
Does PrairieSky Royalty's stock price have much upside?: According to analysts, PrairieSky Royalty's stock has a predicted upside of 6.65% based on their 12-month stock forecasts.

What analysts cover PrairieSky Royalty?: PrairieSky Royalty has been rated by ATB Capital, Canaccord Genuity Group, National Bankshares, Raymond James, Scotiabank, and Stifel Nicolaus in the past 90 days.

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This page (TSE:PSK) was last updated on 12/3/2023 by MarketBeat.com Staff

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