Paramount Resources Ltd. (TSE:POU) had its price target increased by Desjardins from C$24.00 to C$26.50 in a report released on Monday.

Other research analysts have also recently issued research reports about the company. Scotiabank boosted their price target on Paramount Resources from C$26.00 to C$28.00 and gave the stock a sector perform rating in a research note on Friday, November 10th. Laurentian boosted their price target on Paramount Resources from C$33.00 to C$35.00 in a research note on Monday. Royal Bank Of Canada boosted their price target on Paramount Resources from C$22.00 to C$27.00 and gave the stock a sector perform rating in a research note on Friday, November 10th. Raymond James Financial, Inc. boosted their price target on Paramount Resources from C$32.50 to C$36.00 and gave the stock a strong-buy rating in a research note on Friday, November 10th. Finally, BMO Capital Markets reiterated a market perform rating and issued a C$26.00 price target on shares of Paramount Resources in a research note on Tuesday, October 10th. Six research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of C$27.75.

Paramount Resources (POU) opened at C$22.12 on Monday. Paramount Resources has a one year low of C$14.60 and a one year high of C$25.57.

ILLEGAL ACTIVITY WARNING: “Paramount Resources Ltd. (POU) Price Target Raised to C$26.50 at Desjardins” was originally published by Daily Political and is the sole property of of Daily Political. If you are reading this article on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The legal version of this article can be read at https://www.dailypolitical.com/2017/11/17/paramount-resources-ltd-pou-price-target-raised-to-c26-50-at-desjardins.html.

In other news, Director Robert M. Macdonald acquired 1,500 shares of the stock in a transaction that occurred on Friday, September 15th. The stock was purchased at an average cost of C$23.15 per share, with a total value of C$34,725.00. Also, Director Dirk Jungé sold 4,508 shares of the business’s stock in a transaction dated Tuesday, October 24th. The shares were sold at an average price of C$20.59, for a total value of C$92,819.72. Over the last three months, insiders purchased 209,500 shares of company stock valued at $5,124,025 and sold 39,708 shares valued at $889,160.

Paramount Resources Company Profile

Paramount Resources Ltd. is an energy company. The Company explores and develops unconventional and conventional petroleum and natural gas prospects, including long-term unconventional exploration and pre-development projects, and holds a portfolio of investments in other entities. The Company’s segments include Principal Properties, Strategic Investments and Corporate.

Analyst Recommendations for Paramount Resources (TSE:POU)

Receive News & Ratings for Paramount Resources Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paramount Resources Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.