A Wall Street analyst has provided a review for the Materials company yesterday, but retained the same rating on the stock. BMO Capital’s analyst Ray Kwan reiterates their Hold rating on the shares of Paramount Resources Cl A (POU), with a C$9 price target.
According to TipRanks.com, Kwan has currently no stars on a ranking scale of 0-5 stars, with an average return of -10.5% and a 35.2% success rate. Kwan covers the Basic Materials sector, focusing on stocks such as Tamarack Valley Energy Ltd, Paramount Resources Ltd, and Freehold Royalties Ltd.
The word on The Street in general, suggests a Hold analyst consensus rating for Paramount Resources Cl A with a C$10.08 average price target.
The company has a one-year high of C$18.69 and a one-year low of C$5.75. Currently, Paramount Resources Cl A has an average volume of 500.8K.
Paramount Resources Ltd. engages in the exploration, development, production, processing, transportation, and marketing of natural gas, crude oil, and natural gas liquids. It operates through the following segments: Principal Properties, Strategic Investments, and Corporate.
The company’s shares closed on Thursday at C$8.02.
