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Permian Resources Reaffirms 'Outperform' Rating with $27 Price Target

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CAD
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Permian Resources (PR) has its 'outperform' rating reaffirmed by Royal Bank Of Canada in a report released on Thursday, according to Benzinga.

The firm currently has a $27.00 price objective on the stock, suggesting a potential upside of 21.89% from its current price of $22.15 per share.

This is not the only positive assessment of Permian Resources: five equities research analysts have rated the company with a 'Strong Buy' rating, while fourteen have assigned it a 'Buy' rating and three have given it a 'Hold' rating.

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