Permian Resources (PR) Sees Price Target Update by Wells Fargo | PR Stock News

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Jun 16, 2025
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On June 16, 2025, Permian Resources (PR, Financial) underwent an analyst review by Wells Fargo. Analyst Hanwen Chang has maintained the firm's current rating of "Overweight" for the stock. Despite maintaining the rating, there has been an adjustment in the price target.

The price target for Permian Resources (PR, Financial) has been lowered from a prior figure of $21.00 to a new target of $20.00. This adjustment represents a percentage change of -4.76% in the price target.

The currency for the price targets is denoted in USD. Stakeholders and investors may wish to note these updates as part of their ongoing review of Permian Resources' (PR, Financial) market performance and future prospects.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 19 analysts, the average target price for Permian Resources Corp (PR, Financial) is $18.05 with a high estimate of $23.00 and a low estimate of $14.00. The average target implies an upside of 23.86% from the current price of $14.58. 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 $12.59, suggesting a downside of 13.62% from the current price of $14.575. 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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.