Permian Resources (PR, Financial) has seen its stock price target raised by B of A Securities. The financial firm's analyst, Noah Hungness, has adjusted the price target to USD 16.00, up from the previous target of USD 15.00. This adjustment signifies a 6.67% increase in the projected valuation for the stock.
The rating for Permian Resources (PR, Financial) remains unchanged at "Buy", as maintained by B of A Securities. This continuation of the "Buy" rating indicates ongoing confidence in the stock's potential by the analyst.
The revised price target and confirmed rating suggest a positive outlook for Permian Resources (PR, Financial) as it continues its operations. Investors and market watchers may find this development noteworthy as it reflects B of A Securities' updated analysis.
This update on Permian Resources (PR, Financial) was released on May 23, 2025, and it underlines the stock's promising prospects in the energy sector.
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 $18.00 with a high estimate of $23.00 and a low estimate of $14.00. The average target implies an upside of 41.90% from the current price of $12.69. 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 $12.71, suggesting a upside of 0.2% from the current price of $12.685. 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.
