PrairieSky Royalty (TSE:PSK) Given New C$42.00 Price Target at Royal Bank Of Canada

Posted by Geri Gentry on Oct 28th, 2026

PrairieSky Royalty (TSE:PSK – Get Free Report) had its target price increased by equities research analysts at Royal Bank Of Canada from C$39.00 to C$42.00 in a report released on Wednesday, BayStreet reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada‘s price objective points to a potential upside of 12.96% from the stock’s previous close.

Several other equities research analysts also recently commented on the stock. Raymond James Financial lifted their price objective on shares of PrairieSky Royalty from C$39.00 to C$42.00 and gave the stock a “market perform” rating in a research note on Wednesday. National Bank Financial upped their target price on PrairieSky Royalty from C$42.00 to C$43.00 and gave the company an “outperform” rating in a research report on Tuesday, October 20th. Scotia raised their target price on PrairieSky Royalty from C$36.00 to C$37.00 and gave the stock a “sector perform” rating in a research note on Tuesday. Finally, BMO Capital Markets lifted their price target on PrairieSky Royalty from C$39.00 to C$40.00 and gave the stock an “outperform” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, PrairieSky Royalty presently has an average rating of “Moderate Buy” and an average price target of C$38.29.

View Our Latest Analysis on PrairieSky Royalty

PrairieSky Royalty Stock Up 1.0%

Shares of PSK traded up C$0.37 during mid-day trading on Wednesday, hitting C$37.18. 235,729 shares of the company traded hands, compared to its average volume of 494,390. The company has a market capitalization of C$8.64 billion, a PE ratio of 35.75, a price-to-earnings-growth ratio of 0.47 and a beta of 0.82. The company has a quick ratio of 0.65, a current ratio of 0.90 and a debt-to-equity ratio of 6.88. The business has a 50 day moving average of C$35.35 and a 200 day moving average of C$32.96. PrairieSky Royalty has a 1-year low of C$24.76 and a 1-year high of C$38.08.

PrairieSky Royalty (TSE:PSK – Get Free Report) last released its earnings results on Monday, October 26th. The company reported C$0.36 EPS for the quarter. The company had revenue of C$165.00 million during the quarter. PrairieSky Royalty had a net margin of 44.86% and a return on equity of 9.48%.

Insider Buying and Selling

In other PrairieSky Royalty news, insider Andrew Phillips acquired 3,500 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was acquired at an average cost of C$33.26 per share, for a total transaction of C$116,410.00. Following the purchase, the insider owned 93,500 shares in the company, valued at approximately C$3,109,810. The trade was a 3.89% increase in their position. Also, insider Pamela Pearl Kazeil acquired 2,500 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was acquired at an average cost of C$33.42 per share, for a total transaction of C$83,550.00. Following the completion of the acquisition, the insider directly owned 3,220 shares in the company, valued at approximately C$107,612.40. The trade was a 347.22% increase in their ownership of the stock. Company insiders own 0.54% of the company’s stock.

About PrairieSky Royalty

(Get Free Report)

PrairieSky is a royalty-focused company, generating royalty revenues as oil and natural gas are produced from its properties. PrairieSky has a diverse portfolio of properties that have a long history of generating free cash flow and that represent the largest and most concentrated independently-owned fee simple mineral title position in Canada.