Strathcona Resources (TSE:SCR – Get Free Report) had its target price hoisted by equities researchers at National Bank Financial from C$32.00 to C$41.00 in a research report issued on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price objective suggests a potential upside of 3.90% from the company’s current price.
Several other analysts also recently weighed in on the company. Scotiabank lowered their price objective on Strathcona Resources from C$40.00 to C$33.00 in a research report on Tuesday, December 30th. Roth Mkm set a C$40.00 target price on shares of Strathcona Resources and gave the stock a “buy” rating in a report on Tuesday, March 10th. TD Securities decreased their target price on shares of Strathcona Resources from C$27.00 to C$25.00 and set a “hold” rating on the stock in a research note on Friday. ATB Cormark Capital Markets lowered their price target on shares of Strathcona Resources from C$42.00 to C$32.00 in a report on Tuesday, December 23rd. Finally, Royal Bank Of Canada increased their price target on shares of Strathcona Resources from C$35.00 to C$36.00 and gave the company a “sector perform” rating in a research report on Friday. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of C$33.25.
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Strathcona Resources Trading Down 0.1%
Trending Headlines about 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
Strathcona Resources Company Profile
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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