Today, Paramount Resources’ (PRMRF) Outperform Rating Reaffirm at Scotiabank

Today, Paramount Resources’ (PRMRF) Outperform Rating Reaffirm at Scotiabank
Scotiabank reaffirmed their outperform rating on shares of Paramount Resources Ltd (NASDAQ:PRMRF) in a research note issued to investors on Monday morning. The firm currently has a $18.00 price objective on the stock.

Other equities analysts also recently issued reports about the stock. Barclays PLC reaffirmed an equal weight rating on shares of Paramount Resources in a report on Monday, September 26th. TD Securities reissued a hold rating and issued a $16.00 price target (down from $16.50) on shares of Paramount Resources in a research note on Thursday, August 11th. Raymond James Financial Inc. reissued an outperform rating and issued a $17.50 price target (up from $17.00) on shares of Paramount Resources in a research note on Thursday, August 11th. Finally, RBC Capital Markets reissued a sector perform rating and issued a $16.00 price target (up from $15.00) on shares of Paramount Resources in a research note on Monday, September 26th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Paramount Resources has an average rating of Hold and a consensus target price of $15.90.

Paramount Resources (NASDAQ:PRMRF) opened at 12.5009 on Monday. Paramount Resources has a 52 week low of $2.03 and a 52 week high of $13.23. The firm has a 50-day moving average of $11.94 and a 200-day moving average of $9.70. The company has a market capitalization of $1.32 billion and a P/E ratio of 5.0427.

Paramount Resources Company Profile

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