In a report released yesterday, Gregory Pardy from RBC Capital maintained a Buy rating on Baytex Energy. The company’s shares closed yesterday at $2.54.
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Pardy covers the Energy sector, focusing on stocks such as Ovintiv, Canadian Natural, and Imperial Oil. According to TipRanks, Pardy has an average return of 20.2% and a 63.64% success rate on recommended stocks.
Currently, the analyst consensus on Baytex Energy is a Strong Buy with an average price target of $3.00.
The company has a one-year high of $3.29 and a one-year low of $1.36. Currently, Baytex Energy has an average volume of 26.41M.
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