Paramount Resources Ltd. (TSE:POU) insider Clayton H. Riddell acquired 40,000 shares of the firm’s stock in a transaction on Tuesday, November 28th. The stock was purchased at an average price of C$20.55 per share, for a total transaction of C$822,000.00.

Paramount Resources Ltd. (TSE POU) opened at C$20.28 on Thursday. Paramount Resources Ltd. has a 52-week low of C$14.60 and a 52-week high of C$25.57.

POU has been the topic of several research analyst reports. Raymond James Financial boosted their price target on shares of Paramount Resources from C$32.50 to C$36.00 and gave the company a “strong-buy” rating in a research report on Friday, November 10th. TD Securities boosted their price target on shares of Paramount Resources from C$23.00 to C$27.00 and gave the company a “hold” rating in a research report on Friday, November 10th. BMO Capital Markets reiterated a “market perform” rating and set a C$26.00 price target on shares of Paramount Resources in a research report on Tuesday, October 10th. Scotiabank boosted their price target on shares of Paramount Resources from C$26.00 to C$28.00 and gave the company a “sector perform” rating in a research report on Friday, November 10th. Finally, Barclays boosted their price target on shares of Paramount Resources from C$21.00 to C$22.00 in a research report on Monday, October 30th. Six equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of C$27.75.

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About Paramount Resources

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.

Insider Buying and Selling by Quarter for Paramount Resources (TSE:POU)

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