Paramount Resources (PRMRF) Receives a Hold from RBC Capital
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 14 2024
0mins
Source: Business Insider
- Analyst Rating and Price Target: Michael Harvey from RBC Capital maintained a Hold rating on Paramount Resources with a price target of C$32.00.
- Company Performance: Paramount Resources' shares closed at $21.35, with a one-year high of $24.26 and a low of $17.94.
- Insider Activity: Negative sentiment from 71 insiders selling shares of PRMRF in the past quarter.
- Analyst Consensus: Paramount Resources has an analyst consensus of Moderate Buy, with a price target consensus of $25.49.
- Company Description: Paramount Resources Ltd. explores and develops petroleum and natural gas resources in various regions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
