Paramount Resources Ltd. (POU) Insider Rodrigo Sousa Acquires 2,500 Shares
Paramount Resources Ltd. (TSE:POU) insider Rodrigo Sousa purchased 2,500 shares of Paramount Resources stock in a transaction dated Thursday, December 7th. The shares were purchased at an average cost of C$18.34 per share, with a total value of C$45,850.00.
Paramount Resources Ltd. (POU) traded up C$0.03 during mid-day trading on Friday, reaching C$18.23. 430,400 shares of the company traded hands, compared to its average volume of 366,303. Paramount Resources Ltd. has a 1-year low of C$14.60 and a 1-year high of C$25.57.
POU has been the subject of several analyst reports. Barclays boosted their price target on shares of Paramount Resources from C$22.00 to C$26.00 in a report on Monday, November 13th. 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 report on Friday, November 10th. BMO Capital Markets reissued a “market perform” rating and set a C$26.00 price target on shares of Paramount Resources in a report on Tuesday, October 10th. Royal Bank Of Canada boosted their price target on shares of Paramount Resources from C$22.00 to C$27.00 and gave the company a “sector perform” rating in a report on Friday, November 10th. Finally, 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 report on Friday, November 10th. Six investment 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 company has a consensus rating of “Hold” and a consensus price target of C$27.75.
ILLEGAL ACTIVITY WARNING: This news story was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of international trademark and copyright laws. The legal version of this news story can be read at https://www.dailypolitical.com/2017/12/09/paramount-resources-ltd-pou-insider-rodrigo-sousa-acquires-2500-shares.html.
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.
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.