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Permian Resources (PR) Stock Forecast & Price Target

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$13.60 +0.08 (+0.59%)
(As of 12/20/2024 05:31 PM ET)

Permian Resources - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
14

Based on 16 Wall Street analysts who have issued ratings for Permian Resources in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 2 have given a hold rating, 13 have given a buy rating, and 1 has given a strong buy rating for PR.

Consensus Price Target

$18.87
38.73% Upside
According to the 16 analysts' twelve-month price targets for Permian Resources, the average price target is $18.87. The highest price target for PR is $24.00, while the lowest price target for PR is $14.00. The average price target represents a forecasted upside of 38.73% from the current price of $13.60.
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PR Analyst Ratings Over Time

TypeCurrent Forecast
12/23/23 to 12/22/24
1 Month Ago
11/23/23 to 11/22/24
3 Months Ago
9/24/23 to 9/23/24
1 Year Ago
12/23/22 to 12/23/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
13 Buy rating(s)
13 Buy rating(s)
12 Buy rating(s)
12 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$18.87$18.93$19.50$16.00
Forecasted Upside38.73% Upside16.80% Upside37.42% Upside18.34% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

PR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Permian Resources Stock vs. The Competition

TypePermian ResourcesOils/Energy CompaniesS&P 500
Consensus Rating Score
2.94
2.63
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside38.73% Upside1,671.86% Upside14.54% Upside
News Sentiment Rating
Positive News

See Recent PR News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/17/2024Piper Sandler
2 of 5 stars
 Lower TargetOverweight ➝ Overweight$21.00 ➝ $20.00+44.40%
11/8/2024Truist Financial
2 of 5 stars
 Boost TargetBuy ➝ Buy$18.00 ➝ $20.00+33.87%
10/16/2024Benchmark
2 of 5 stars
 Lower TargetBuy ➝ Buy$17.00 ➝ $14.00+1.38%
10/14/2024Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$17.00 ➝ $17.00+19.13%
10/1/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$22.00 ➝ $21.00+52.39%
9/30/2024The Goldman Sachs Group
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N. Mehta
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Initiated CoverageBuy$19.00+40.64%
9/18/2024UBS Group
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J. Silverstein
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Lower TargetBuy ➝ Buy$19.00 ➝ $18.00+29.96%
9/16/2024Mizuho
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 Lower TargetOutperform ➝ Outperform$22.00 ➝ $19.00+38.79%
9/12/2024JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$20.00 ➝ $17.00+28.59%
9/4/2024Susquehanna
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 Lower TargetNeutral ➝ Neutral$16.00 ➝ $15.00+8.07%
8/9/2024Citigroup
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 Lower TargetBuy ➝ Buy$20.00 ➝ $18.00+23.20%
7/18/2024Wolfe Research
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J. Abbott
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Initiated CoveragePeer Perform
7/3/2024BMO Capital Markets
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P. Jungwirth
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UpgradeMarket Perform ➝ Outperform$21.00 ➝ $21.00+28.68%
6/14/2024Bank of America
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 Reiterated RatingBuy$20.00+31.84%
4/9/2024Raymond James
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 Initiated CoverageStrong-Buy$24.00+34.91%
3/22/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$18.00 ➝ $20.00+15.01%
9/18/2023Capital One Financial
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P. Johnston
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Reiterated RatingOverweight
6/13/2023500.com
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 Reiterated RatingMaintains
3/1/2023TD Cowen
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 UpgradeMarket Perform ➝ Outperform$15.00+36.36%
3/1/2023Cowen
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 UpgradeMarket Perform ➝ Outperform$15.00+38.76%
3/1/2023Cowen
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 UpgradeMarket Perform ➝ Outperform$15.00+38.76%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 07:38 AM ET.


PR Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Permian Resources is $18.87, with a high forecast of $24.00 and a low forecast of $14.00.

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Permian Resources in the last twelve months. There are currently 2 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PR shares.

According to analysts, Permian Resources's stock has a predicted upside of 38.73% based on their 12-month stock forecasts.

Permian Resources has been rated by research analysts at Benchmark, Piper Sandler, Royal Bank of Canada, The Goldman Sachs Group, Truist Financial, and Wells Fargo & Company in the past 90 days.

Analysts like Permian Resources more than other "oils/energy" companies. The consensus rating score for Permian Resources is 2.94 while the average consensus rating score for "oils/energy" companies is 2.63. Learn more on how PR compares to other companies.


This page (NYSE:PR) was last updated on 12/22/2024 by MarketBeat.com Staff
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