In a report released today, Gregory Pardy from RBC Capital maintained a Buy rating on Baytex Energy Corp (BTE), with a price target of C$2.50. The company’s shares closed last Monday at $1.19, close to its 52-week low of $1.15.
According to TipRanks.com, Pardy is a 2-star analyst with an average return of -0.1% and a 44.9% success rate. Pardy covers the Basic Materials sector, focusing on stocks such as Imperial Oil Limited, Cenovus Energy Inc, and Canadian Natural.
Baytex Energy Corp has an analyst consensus of Strong Buy, with a price target consensus of $2.52.
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The company has a one-year high of $2.32 and a one-year low of $1.15. Currently, Baytex Energy Corp has an average volume of 1.89M.
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Baytex Energy Corp. is an oil and gas exploration & production company, which engages in the acquisition, development and production of crude oil and natural gas. The company was founded on October 22, 2010 and is headquartered in Calgary, Canada.
