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MarketBeat Week in Review – 5/22 - 5/26
BREAKING: Tiny biotech successfully treats blindness (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Sell every Stock except ONE (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Sell every Stock except ONE (Ad)
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
BREAKING: Tiny biotech successfully treats blindness (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Sell every Stock except ONE (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Sell every Stock except ONE (Ad)
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
BREAKING: Tiny biotech successfully treats blindness (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Sell every Stock except ONE (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Sell every Stock except ONE (Ad)
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
MarketBeat Week in Review – 5/22 - 5/26
BREAKING: Tiny biotech successfully treats blindness (Ad)
As Elizabeth Holmes heads to prison for fraud, many puzzle over her motives
New bill to build Athletics stadium on Las Vegas Strip caps Nevada's cost at $380 million
Sell every Stock except ONE (Ad)
Mechanical sails? Batteries? Shippers forming 'green corridors' to fast-track cleaner technologies
Baby eels remain one of America's most valuable fish after strong year in Maine
Sell every Stock except ONE (Ad)
TSE:PXT

Parex Resources (PXT) Price Target & Analyst Ratings

C$27.44
+0.09 (+0.33%)
(As of 05/26/2023 ET)
Compare
Today's Range
C$27.15
C$27.66
50-Day Range
C$24.12
C$28.23
52-Week Range
C$17.81
C$30.16
Volume
370,145 shs
Average Volume
662,584 shs
Market Capitalization
C$2.93 billion
P/E Ratio
4.06
Dividend Yield
5.47%
Price Target
C$30.67

Parex Resources Consensus Rating and Price Target (2023)

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.

Consensus Analyst Rating

Buy
Based on 3 Analyst Ratings

Consensus Analyst Price Target

C$30.67
11.76% Upside
High PredictionC$36.00
Average PredictionC$30.67
Low PredictionC$26.00
TypeCurrent
5/27/22 to 5/27/23
1 Month Ago
4/27/22 to 4/27/23
3 Months Ago
2/26/22 to 2/26/23
1 Year Ago
5/27/21 to 5/27/22
Consensus Rating
Buy
Buy
Buy
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
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$30.67C$30.67C$30.86C$36.43
Predicted Upside11.76% Upside39.26% Upside38.98% Upside44.76% Upside
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PXT 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.
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PXT 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.
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Parex Resources Stock vs. The Competition

TypeParex ResourcesBasic Materials Companies
Consensus Rating Score
3.00
2.57
Consensus RatingBuyBuy
News Sentiment RatingNeutral News
Neutral News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/20/2023Barclays
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 Boost TargetC$29.00 ➝ C$34.00+24.54%
3/10/2023Stifel Nicolaus
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 Boost TargetC$33.00 ➝ C$36.00+43.37%
2/3/2023Scotiabank
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 Boost TargetC$24.00 ➝ C$26.00+14.69%
12/30/2022Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Set TargetOutperformC$28.00+39.37%
12/13/2022BMO Capital Markets
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 Lower TargetC$32.00 ➝ C$30.00+62.34%
11/11/2022Haywood Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$36.00 ➝ C$30.00+51.75%
(Data available from 5/27/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












PXT Price Target - Frequently Asked Questions

What is Parex Resources's consensus rating and price target?

According to the issued ratings of 3 analysts in the last year, the consensus rating for Parex Resources stock is Buy based on the current 3 buy ratings for PXT. The average twelve-month price prediction for Parex Resources is C$30.67 with a high price target of C$36.00 and a low price target of C$26.00. Learn more on PXT's analyst rating history.

Do Wall Street analysts like Parex Resources more than its competitors?

Analysts like Parex Resources more than other Basic Materials companies. The consensus rating score for Parex Resources is 3.00 while the average consensus rating score for basic materials companies is 2.57. Learn more on how PXT compares to other companies.

Does Parex Resources's stock price have much upside?

According to analysts, Parex Resources's stock has a predicted upside of 39.26% based on their 12-month price targets.

What analysts cover Parex Resources?

Parex Resources has been rated by Barclays, and Stifel Nicolaus in the past 90 days.


Stock Ratings Reports and Tools

This page (TSE:PXT) was last updated on 5/27/2023 by MarketBeat.com Staff

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