PrairieSky Royalty (PREKF) Stock Forecast & Price Target

$20.30

+0.07 (+0.35%)

(As of 10/21/2024 ET)

PrairieSky Royalty - Analysts' Recommendations and Stock Price Forecast (2024)

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

Hold

Based on 1 Analyst Ratings

Sell
0

Hold
1

Buy
0

Based on 1 Wall Street analysts who have issued ratings for PrairieSky Royalty in the last 12 months, the stock has a consensus rating of "Hold." Out of the 1 analysts, 1 has given a hold rating for PREKF.

Consensus Price Target

$33.00
62.56% Upside

According to the 1 analysts' twelve-month price targets for PrairieSky Royalty, the average price target is $33.00. The highest price target for PREKF is $33.00, while the lowest price target for PREKF is $33.00. The average price target represents a forecasted upside of 62.56% from the current price of $20.30.

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PREKF Analyst Ratings Over Time

Type	Current Forecast 10/22/23 to 10/21/24	1 Month Ago 9/22/23 to 9/21/24	3 Months Ago 7/24/23 to 7/23/24	1 Year Ago 10/22/22 to 10/22/23
Strong Buy	0 Strong Buy rating(s)	N/A	N/A	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	N/A	N/A	1 Buy rating(s)
Hold	1 Hold rating(s)	N/A	N/A	2 Hold rating(s)
Sell	0 Sell rating(s)	N/A	N/A	0 Sell rating(s)
Consensus Price Target	$33.00	N/A	N/A	N/A
Forecasted Upside	62.56% Upside	N/A	N/A	N/A
Consensus Rating	Hold	N/A	N/A	Hold

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PREKF 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.

PREKF 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.

PrairieSky Royalty Stock vs. The Competition

Type	PrairieSky Royalty	Energy Companies	S&P 500
Consensus Rating Score	2.00	2.78	2.50
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	62.56% Upside	88.56% Upside	7.26% Upside
News Sentiment Rating	Positive News See Recent PREKF News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/18/2024	Raymond James 4 of 5 stars		Initiated Coverage	Market Perform	$33.00	+62.92%
9/21/2023	Stifel Nicolaus 4 of 5 stars		Boost Target		C$27.00 ➝ C$27.25
7/18/2023	Royal Bank of Canada 4 of 5 stars		Boost Target	Sector Perform	C$25.00 ➝ C$26.00
7/18/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	C$23.00 ➝ C$24.00
6/29/2023	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$23.00 ➝ C$26.00
4/18/2023	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$27.00 ➝ C$26.50
2/7/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$27.00 ➝ C$30.00
1/17/2023	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$23.00 ➝ C$22.00
10/26/2022	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Mike Mueller Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$21.75 ➝ C$22.50

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 08:19 PM ET.

PREKF Forecast - Frequently Asked Questions

: According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for PrairieSky Royalty is $33.00, with a high forecast of $33.00 and a low forecast of $33.00.
: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PrairieSky Royalty in the last twelve months. There is currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PREKF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PREKF, but not buy additional shares or sell existing shares.
: According to analysts, PrairieSky Royalty's stock has a predicted upside of 62.56% based on their 12-month stock forecasts.
: PrairieSky Royalty has been rated by research analysts at Raymond James in the past 90 days.
: Analysts like PrairieSky Royalty less than other "energy" companies. The consensus rating for PrairieSky Royalty is Hold while the average consensus rating for "energy" companies is Moderate Buy. Learn more on how PREKF compares to other companies.

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This page (OTCMKTS:PREKF) was last updated on 10/21/2024 by MarketBeat.com Staff

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