Parex Resources Inc. (TSX:PXT)
Canada · Delayed Price · Currency is CAD 28.18
+0.28 (1.00%)
Aug 19, 2026, 4:00 PM 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 $30.75. The average 1-year stock price forecast is 9.12% higher than the current stock price, while the lowest is $27.00 (-4.19%) and the highest is $37.00 (+31.30%).
Price Target: $30.75 (+9.12%)
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 | Mar '26 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 4 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 4 | 4 | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Buy Reiterates $37.00 | Buy | Reiterates | $37.00 | +31.30% | Aug 4, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $30.00 → $29.00 | Hold | Maintains | $30.00 → $29.00 | +2.91% | Aug 2, 2026 |
| Scotiabank | Scotiabank | Hold Initiates $29.00 | Hold | Initiates | $29.00 | +2.91% | Jun 22, 2026 |
| Jefferies | Jefferies | Hold Maintains $30.00 → $32.50 | Hold | Maintains | $30.00 → $32.50 | +15.33% | May 5, 2026 |
Financial Forecast
Revenue This Year
1.53B
from 887.50M
Increased by 72.80%
Revenue Next Year
1.96B
from 1.53B
Increased by 27.73%
EPS This Year
6.30
from 2.31
Increased by 172.60%
EPS Next Year
4.15
from 6.30
Decreased by -34.19%
EPS and Forward PE are based on non-GAAP adjusted numbers.