RBC Capital analyst Michael Harvey maintained a Hold rating on Paramount Resources ( PRMRF ) on January 11 and set a price target of C$5.00. The company’s shares closed last Tuesday at $4.67. According to TipRanks.com , Harvey is a 4-star analyst with an average return of 6.0% and a 49.2% success rate. Harvey covers the Utilities sector, focusing on stocks such as Crescent Point Energy, Advantage Oil & Gas, and Birchcliff Energy. Paramount Resources has an analyst consensus of Hold, with a price target consensus of $3.66, implying a -19.9% downside from current levels. In a report issued on December 28, National Bank also maintained a Hold rating on the stock with a C$3.75 price target. See today’s analyst top recommended stocks >> The company has a one-year high of $5.80 and a one-year low of $0.58. Currently, Paramount Resources has an average volume of 10.77K. Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is neutral on the stock. TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves […]
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