Scotiabank Boosts Parex Resources (TSE:PXT) Price Target to C$16.00

Scotiabank Boosts Parex Resources (TSE:PXT) Price Target to C$16.00

Parex Resources (TSE:PXT – Get Free Report) had its target price upped by research analysts at Scotiabank from C$14.00 to C$16.00 in a research note issued on Friday,BayStreet.CA reports. Scotiabank’s price objective would suggest a potential upside of 9.66% from the company’s previous close. Parex Resources Trading Up 1.7% Parex Resources stock opened at C$14.59 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.45 and a deb…