Analysts Offer Insights on Energy Companies: Parex Resources (OtherPARXF) and Pembina Pipeline (PBA)
Analysts have been eager to weigh in on the Energy sector with new ratings on Parex Resources (PARXF) and Pembina Pipeline (PBA).
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Parex Resources (PARXF)
RBC Capital analyst Gregory Pardy maintained a Hold rating on Parex Resources today and set a price target of C$32.00. The company’s shares closed last Wednesday at $18.08, close to its 52-week high of $18.15.
According to TipRanks.com, Pardy is a top 100 analyst with an average return of
Parex Resources has an analyst consensus of Moderate Buy, with a price target consensus of $18.71.
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Pembina Pipeline (PBA)
In a report released today, Nate Heywood from ATB Cormark Capital Markets maintained a Buy rating on Pembina Pipeline, with a price target of C$66.00. The company’s shares closed last Wednesday at $44.35.
According to TipRanks.com, Heywood is ranked #8816 out of 12128 analysts.
Currently, the analyst consensus on Pembina Pipeline is a Moderate Buy with an average price target of $44.93, representing a 1.7% upside. In a report issued on March 27, Raymond James also maintained a Buy rating on the stock with a C$69.00 price target.
Read More on PARXF:
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