Robert Fitzmartyn analyst at Stifel Nicolaus reiterates coverage on Parex Resources (PARXF) stock in the Utilities sector with a Buy rating. TipRanks.com has Fitzmartyn rated as a 4.9 star analyst with a 46% return on investment and a 26% success rate. Fitzmartyn has set a price target of $ 30.26.
TipRanks.com reports that Parex Resources stock currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for PARXF's stock is $29.79. The target pricing ranges from a high forecast of $31.03 down to a low forecast of $27.15. Parex Resources (PARXF)’s stock last closing price was $16.89 which would put the average price target at 76.38% upside.
In addition, TradingView issued a n/a rating for PARXF's stock over the next month, Barchart.com has a Weak sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on PARXF stock.
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