What 14 Analyst Ratings Have To Say About Permian Resources
Portfolio Pulse from Benzinga Insights
Permian Resources (NYSE:PR) has received 14 analyst ratings in the last quarter, with 9 bullish, 1 somewhat bullish, 4 indifferent, and none bearish. The average price target is $16.71, which is higher than the current price of $13.58, suggesting an upside. The average price target has increased by 10.3% over the past month. Analyst ratings are based on future earnings predictions and company risk assessments, and are updated quarterly or after major company events.
November 15, 2023 | 1:00 pm
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POSITIVE IMPACT
Permian Resources has a strong analyst backing with a majority of bullish ratings and a price target suggesting a significant upside from the current price.
The positive analyst ratings and the higher average price target compared to the current stock price indicate a strong potential for price appreciation in the short term. The increase in the average price target over the past month further reinforces the positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100