Paramount Resources Ltd. (POU) Price Target Increased to C$35.00 by Analysts at Laurentian

Paramount Resources Ltd. (TSE:POU) had its target price upped by Laurentian from C$33.00 to C$35.00 in a report published on Monday morning.

Several other equities research analysts also recently weighed in on POU. Barclays PLC decreased their price target on shares of Paramount Resources from C$25.00 to C$21.00 in a research note on Monday, July 24th. Raymond James Financial, Inc. lifted their price target on shares of Paramount Resources from C$26.00 to C$31.00 and gave the company a strong-buy rating in a research note on Monday, September 18th. BMO Capital Markets reaffirmed a market perform rating and issued a C$26.00 price target on shares of Paramount Resources in a research note on Tuesday, October 10th. Royal Bank Of Canada lifted their price target on shares of Paramount Resources from C$22.00 to C$27.00 and gave the company a sector perform rating in a research note on Friday. Finally, Scotiabank lifted their price target on shares of Paramount Resources from C$26.00 to C$28.00 and gave the company a sector perform rating in a research note on Friday. Six investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of C$27.75.

Paramount Resources (POU) traded up C$0.03 on Monday, reaching C$24.88. 286,171 shares of the company’s stock traded hands, compared to its average volume of 368,077. Paramount Resources has a 12-month low of C$14.60 and a 12-month high of C$25.57.

COPYRIGHT VIOLATION NOTICE: This news story was published by Sports Perspectives and is the property of of Sports Perspectives. If you are viewing this news story on another website, it was illegally copied and republished in violation of U.S. & international copyright & trademark laws. The original version of this news story can be read at https://sportsperspectives.com/2017/11/14/paramount-resources-ltd-pou-price-target-increased-to-c35-00-by-analysts-at-laurentian.html.

In other news, Director Robert M. Macdonald purchased 1,500 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The shares were acquired at an average cost of C$23.15 per share, for a total transaction of C$34,725.00. Also, Director Dirk Jungé sold 4,508 shares of the business’s stock in a transaction dated Tuesday, October 24th. The stock was sold at an average price of C$20.59, for a total transaction of C$92,819.72. Over the last 90 days, insiders have purchased 184,500 shares of company stock worth $4,554,275 and have sold 39,708 shares worth $889,160.

Paramount Resources Company Profile

Paramount Resources Ltd. is an energy company. The Company explores and develops unconventional and conventional petroleum and natural gas prospects, including long-term unconventional exploration and pre-development projects, and holds a portfolio of investments in other entities. The Company’s segments include Principal Properties, Strategic Investments and Corporate.

Analyst Recommendations for Paramount Resources (TSE:POU)

Receive News & Ratings for Paramount Resources Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paramount Resources Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply