POU has been the topic of a number of other research reports. Raymond James Financial Inc. lifted their target price on shares of Paramount Resources from C$17.50 to C$19.50 in a research note on Wednesday, September 14th. RBC Capital Markets lifted their price target on shares of Paramount Resources from C$10.00 to C$15.00 and gave the company a sector perform rating in a report on Friday, August 19th. CSFB reiterated a neutral rating and issued a C$13.50 price target on shares of Paramount Resources in a report on Monday, August 22nd. Royal Bank Of Canada lifted their price target on shares of Paramount Resources from C$10.00 to C$15.00 and gave the company a sector perform rating in a report on Friday, August 19th. Finally, CIBC lifted their price target on shares of Paramount Resources from C$12.00 to C$13.00 in a report on Friday, July 8th. Nine equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Paramount Resources has a consensus rating of Hold and an average target price of C$14.70.
Shares of Paramount Resources (TSE:POU) opened at 16.77 on Tuesday. The stock’s 50 day moving average is $14.94 and its 200-day moving average is $11.04. Paramount Resources has a 12-month low of $2.86 and a 12-month high of $17.36. The stock’s market capitalization is $1.78 billion.
Paramount Resources Company Profile
Paramount Resources Ltd. is engaged in exploring and developing conventional petroleum and natural gas prospects, which pursues non-conventional exploration and pre-development projects and holds a portfolio of investments in other entities. The Company’s principal properties are primarily located in Alberta, British Columbia and Northwest Territories.
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