Parex Resources Inc. (TSX:PXT)
Canada · Delayed Price · Currency is CAD 29.33
-0.17 (-0.58%)
Oct 20, 2026, 9:54 AM EST
Parex Resources Stock Forecast
Stock Price Forecast
According to 7 analysts polled by S&P Global, Parex Resources stock has a consensus rating of "Buy" and an average price target of $32.36. The average 1-year stock price forecast is 10.33% higher than the current stock price, while the lowest is $30.00 (+2.28%) and the highest is $37.00 (+26.15%).
Price Target: $32.36 (+10.33%)
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 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 3 | 4 | 5 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 6 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Maintains $30.00 → $32.00 | Hold | Maintains | $30.00 → $32.00 | +9.10% | Oct 19, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $29.00 → $32.00 | Hold | Maintains | $29.00 → $32.00 | +9.10% | Oct 14, 2026 |
| BTIG No rating | BTIG | Buy Upgrades $34.00 | Buy | Upgrades | $34.00 | +15.92% | Sep 24, 2026 |
| Roth MKM | Roth MKM | Buy Reiterates $37.00 | Buy | Reiterates | $37.00 | +26.15% | Aug 4, 2026 |
| Jefferies | Jefferies | Hold Maintains $30.00 → $32.50 | Hold | Maintains | $30.00 → $32.50 | +10.81% | May 5, 2026 |
Financial Forecast
Revenue This Year
1.60B
from 887.50M
Increased by 79.94%
Revenue Next Year
1.99B
from 1.60B
Increased by 24.46%
EPS This Year
6.64
from 2.31
Increased by 187.42%
EPS Next Year
4.32
from 6.64
Decreased by -35.05%
EPS and Forward PE are based on non-GAAP adjusted numbers.