Mark Lear analyst at Piper Sandler reiterates coverage on Permian Resources (PR) stock in the Utilities sector with a Buy rating. TipRanks.com has Lear rated as a 3.5 star analyst with a 47% return on investment and a 2.6% success rate. Lear has set a price target of $ 14.
TipRanks.com reports that Permian Resources stock currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for PR's stock is $12.22. The target pricing ranges from a high forecast of $15.00 down to a low forecast of $11.00. Permian Resources (PR)’s stock last closing price was $10.33 which would put the average price target at 18.30% upside.
In addition, TradingView issued a n/a (possibly response change) rating for PR's stock over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on PR stock.
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TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
This article was pulled from energystockmovers.com as they are an authority in the Energy Stock Sector. EnergyStockMovers.com keeps investors informed of trending energy stocks within the entire energy sector including green energy, renewable energy, fossil fuels, oil and natural gas, crude oil, gas pipelines and exploration and production.
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