RBC Capital Sticks to Their Hold Rating for Paramount Resources (PRMRF)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2025
0mins
Source: Business Insider
Analyst Rating and Price Target: Michael Harvey from RBC Capital maintains a Hold rating on Paramount Resources with a price target of C$37.00, while the current analyst consensus is a Strong Buy with an average price target of $27.27.
Company Overview: Paramount Resources Ltd. focuses on exploring and developing petroleum and natural gas resources in various regions of Canada and has shown neutral corporate insider sentiment based on recent activity.
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.
