Parex Resources Inc. (TSX:PXT)
Canada · Delayed Price · Currency is CAD 23.42
+0.13 (0.56%)
Jul 30, 2026, 4:00 PM EST
Parex Resources Stock Forecast
Stock Price Forecast
According to 6 analysts polled by S&P Global, Parex Resources stock has a consensus rating of "Buy" and an average price target of $31.42. The average 1-year stock price forecast is 34.16% higher than the current stock price, while the lowest is $27.00 (+15.29%) and the highest is $41.00 (+75.06%).
Price Target: $31.42 (+34.16%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Parex Resources stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 4 | 4 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Maintains $30.00 | Hold | Maintains | $30.00 | +28.10% | Jul 16, 2026 |
| Scotiabank | Scotiabank | Hold Initiates $29.00 | Hold | Initiates | $29.00 | +23.83% | Jun 22, 2026 |
| Roth MKM | Roth MKM | Buy Maintains $39.00 → $41.00 | Buy | Maintains | $39.00 → $41.00 | +75.06% | May 13, 2026 |
| Jefferies | Jefferies | Hold Maintains $30.00 → $32.50 | Hold | Maintains | $30.00 → $32.50 | +38.77% | May 5, 2026 |
Financial Forecast
Revenue This Year
1.56B
from 887.50M
Increased by 76.05%
Revenue Next Year
1.84B
from 1.56B
Increased by 17.55%
EPS This Year
2.16
from 2.31
Decreased by -6.47%
EPS Next Year
4.11
from 2.16
Increased by 90.29%
EPS and Forward PE are based on non-GAAP adjusted numbers.