Demystifying Permian Resources: Insights From 19 Analyst Reviews
Portfolio Pulse from Benzinga Insights
Permian Resources (NYSE:PR) has received mixed analyst ratings over the past three months, with a majority being bullish or somewhat bullish. The average 12-month price target has decreased by 7.35% to $18.53. Despite strong revenue growth and net margins, the company faces challenges with lower ROE and ROA compared to industry averages.
October 16, 2024 | 3:01 pm
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Permian Resources has received mixed analyst ratings, with a majority being bullish or somewhat bullish. The average 12-month price target has decreased by 7.35% to $18.53. Despite strong revenue growth and net margins, the company faces challenges with lower ROE and ROA compared to industry averages.
The mixed analyst ratings and the decrease in average price target suggest a neutral short-term impact on the stock price. While the company shows strong revenue growth and net margins, the challenges in ROE and ROA may offset positive sentiments, leading to a balanced outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100