On May 19, 2025, Raymond James, led by analyst John Freeman, reiterated their "Strong Buy" rating for Permian Resources (PR, Financial). The investment firm raised the price target for the stock from $20.00 to $23.00 USD, representing a 15% increase.
This adjustment in the price target for Permian Resources (PR, Financial) reflects increasing confidence in the company's potential. The update comes as the latest in a series of positive recommendations, maintaining the "Strong Buy" rating from previous assessments.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Permian Resources Corp (PR, Financial) is $17.89 with a high estimate of $23.00 and a low estimate of $14.00. The average target implies an upside of 34.19% from the current price of $13.34. More detailed estimate data can be found on the Permian Resources Corp (PR) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, Permian Resources Corp's (PR, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Permian Resources Corp (PR, Financial) in one year is $12.76, suggesting a downside of 4.31% from the current price of $13.335. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Permian Resources Corp (PR) Summary page.
