Royal Bank Of Canada Forecasts Strong Price Appreciation for Strathcona Resources (TSE:SCR) Stock

Strathcona Resources (TSE:SCRGet Free Report) had its target price hoisted by Royal Bank Of Canada from C$35.00 to C$36.00 in a report released on Friday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s price target indicates a potential downside of 8.77% from the stock’s previous close.

Several other equities research analysts have also recently commented on SCR. Jefferies Financial Group dropped their price objective on Strathcona Resources from C$29.00 to C$26.00 in a research report on Tuesday, January 20th. Roth Mkm set a C$40.00 target price on Strathcona Resources and gave the stock a “buy” rating in a research report on Tuesday, March 10th. TD Securities dropped their price target on shares of Strathcona Resources from C$27.00 to C$25.00 and set a “hold” rating on the stock in a report on Friday. Scotiabank dropped their price target on shares of Strathcona Resources from C$40.00 to C$33.00 in a report on Tuesday, December 30th. Finally, National Bank Financial upgraded shares of Strathcona Resources from a “hold” rating to an “outperform” rating and reduced their price target for the stock from C$36.00 to C$32.00 in a research note on Friday, January 9th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of C$33.25.

Check Out Our Latest Research Report on SCR

Strathcona Resources Stock Down 0.1%

Strathcona Resources stock opened at C$39.46 on Friday. Strathcona Resources has a 12 month low of C$22.75 and a 12 month high of C$45.09. The stock has a fifty day simple moving average of C$28.97 and a two-hundred day simple moving average of C$34.73. The company has a current ratio of 0.37, a quick ratio of 11.09 and a debt-to-equity ratio of 49.94. The firm has a market cap of C$8.45 billion, a price-to-earnings ratio of 7.71, a PEG ratio of -2.02 and a beta of 2.61.

Key Headlines Impacting Strathcona Resources

Here are the key news stories impacting Strathcona Resources this week:

  • Positive Sentiment: Company announced a C$0.30 quarterly dividend (C$1.20 annualized) with an implied yield of ~3.0%; ex-dividend date is Mar 20 and record/payment dates are Mar 27 — supports income-focused demand and signals cash-flow strength. Globe and Mail: Q4/FY2025 results and dividend
  • Positive Sentiment: National Bank Financial raised its price target to C$41.00 and kept an “outperform” rating — a bullish institutional endorsement that may support buying interest. BayStreet.CA: NBF rating
  • Positive Sentiment: Company’s Q4/FY2025 report included year-end reserves and board approval to commence a normal-course issuer bid (NCIB) — buybacks plus a dividend can be perceived as shareholder-friendly and may underpin the share price. Globe and Mail: NCIB and reserves
  • Neutral Sentiment: Roth MKM set a C$40.00 price target — roughly in line with the current level; not a strong directional signal but adds another reference point for investors. AmericanBankingNews: Roth MKM PT
  • Neutral Sentiment: RBC raised its target to C$36.00 but kept a “sector perform” rating; the target remains below the market price, making this a mixed signal (upgrade in attention but conservative valuation). BayStreet.CA: RBC rating
  • Negative Sentiment: TD Securities cut its price target from C$27.00 to C$25.00 and maintained a “hold” rating — a notable downward revision that could pressure sentiment among more conservative investors. BayStreet.CA / Tickerreport: TD cut

About Strathcona Resources

(Get Free Report)

Strathcona Resources Ltd. is a Canada-based oil and gas producers with operations focused on thermal oil, enhanced oil recovery and liquids-rich natural gas. The Company has three operations, including Lloydminster Heavy Oil, Cold Lake Thermal Oil and Montney. The Lloydminster Heavy Oil segment has multiple large oil-in-place reservoirs with existing and expanding enhanced oil recovery (EOR) opportunities primarily located in southwest Saskatchewan. Its Saskatchewan thermal properties rely on the same steam-assisted gravity drainage (SAGD) processes as its Cold Lake Thermal properties.

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Analyst Recommendations for Strathcona Resources (TSE:SCR)

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