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Baytex Energy (BTE) Stock Forecast & Price Target

Baytex Energy logo
C$3.48 +0.06 (+1.75%)
(As of 12/24/2024 01:39 PM ET)

Baytex Energy - 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
3
Buy
5

Based on 8 Wall Street analysts who have issued ratings for Baytex Energy in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 3 have given a hold rating, and 5 have given a buy rating for BTE.

Consensus Price Target

C$5.97
71.46% Upside
According to the 8 analysts' twelve-month price targets for Baytex Energy, the average price target is C$5.97. The highest price target for BTE is C$7.50, while the lowest price target for BTE is C$5.00. The average price target represents a forecasted upside of 71.46% from the current price of C$3.48.
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BTE Analyst Ratings Over Time

TypeCurrent Forecast
12/26/23 to 12/25/24
1 Month Ago
11/26/23 to 11/25/24
3 Months Ago
9/27/23 to 9/26/24
1 Year Ago
12/26/22 to 12/26/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
8 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
4 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 TargetC$5.97C$6.11C$6.25C$7.68
Forecasted Upside71.46% Upside50.52% Upside61.92% Upside71.85% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

BTE 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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BTE 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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Baytex Energy Stock vs. The Competition

TypeBaytex EnergyEnergy Companies
Consensus Rating Score
2.63
2.81
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Positive News

See Recent BTE News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/4/2024ATB Capital
4 of 5 stars
 Lower TargetC$5.50 ➝ C$5.20+39.78%
12/4/2024BMO Capital Markets
4 of 5 stars
 Lower TargetC$6.00 ➝ C$5.50+47.85%
10/22/2024Canaccord Genuity Group
5 of 5 stars
 Lower TargetC$6.50 ➝ C$6.00+46.34%
10/17/2024Raymond James
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L. Davis
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UpgradeHold
10/1/2024TD Securities
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 Lower TargetC$6.00 ➝ C$5.50+30.64%
9/27/2024National Bankshares
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 Lower TargetC$8.00 ➝ C$7.50+90.84%
9/17/2024Royal Bank of Canada
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 Lower TargetC$6.50 ➝ C$5.50+30.33%
4/23/2024Stifel Nicolaus
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 Boost TargetBuyC$6.25 ➝ C$7.00+35.66%
4/22/2024CIBC
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 Boost TargetNeutralC$6.00 ➝ C$6.50+28.71%
10/16/2023Scotiabank
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 Boost TargetSector PerformC$6.00 ➝ C$6.75+13.83%
4/27/2023Atb Cap Markets
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A. Arif
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Reiterated RatingOutperform
3/1/2023National Bank Financial
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 Boost TargetC$7.75 ➝ C$8.50+55.11%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:52 AM ET.


BTE Forecast - Frequently Asked Questions

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Baytex Energy is C$5.97, with a high forecast of C$7.50 and a low forecast of C$5.00.

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Baytex Energy in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BTE shares.

According to analysts, Baytex Energy's stock has a predicted upside of 71.46% based on their 12-month stock forecasts.

Over the previous 90 days, Baytex Energy's stock had 1 upgrade by analysts.

Baytex Energy has been rated by research analysts at ATB Capital, BMO Capital Markets, Canaccord Genuity Group, National Bankshares, Raymond James, and TD Securities in the past 90 days.

Analysts like Baytex Energy less than other "energy" companies. The consensus rating score for Baytex Energy is 2.63 while the average consensus rating score for "energy" companies is 2.81. Learn more on how BTE compares to other companies.


This page (TSE:BTE) was last updated on 12/25/2024 by MarketBeat.com Staff
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