The Analyst Landscape: 8 Takes On Permian Resources
Portfolio Pulse from Benzinga Insights
Analyst ratings for Permian Resources (NYSE:PR) show a mix of opinions, with 3 bullish, 1 somewhat bullish, and 4 indifferent ratings. The 12-month price target averages $16.0, up from $15.83, with a high of $18.00 and a low of $14.00. Recent actions by analysts include both lowered and raised price targets and ratings. Permian Resources is an independent oil and natural gas company with a market cap below industry benchmarks, a revenue growth of 37.97%, but lagging net margin, ROE, and ROA. The company has a lower-than-average debt-to-equity ratio.
January 05, 2024 | 4:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Analysts have mixed opinions on Permian Resources, with an updated average 12-month price target of $16. The company has shown strong revenue growth but has below-average profitability metrics.
The mixed analyst ratings and the slight increase in the average price target suggest a neutral short-term impact on PR's stock price. The strong revenue growth is positive, but concerns about profitability and below-average ROE and ROA may temper investor enthusiasm.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100