RBC keeps CAD 17.00 target for Pason Systems stock
Published on 10/20/2026 at 20:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and valuation
- RBC Capital maintained a CAD 17.00 target for Pason Systems on October 18, 2026.
- Pason Systems' price-to-earnings ratio was 22.63 on October 20, 2026.
- Pason Systems stock was trading at EUR 8.70 at Lang & Schwarz on October 20, 2026 at 8:48 p.m. CEST.
- Pason Systems is scheduled to announce third-quarter 2026 results on November 5, 2026.
Pason Systems (ISIN CA7029251088) drew a fresh analyst target from RBC Capital on October 18, 2026, when analyst Keith Mackey maintained a Buy rating and set a price target of CAD 17.00, as TipRanks reported. The target is 23.82 percent above the TSX price of CAD 13.73 on October 20, 2026. Pason Systems was trading at EUR 8.70 at Lang & Schwarz on October 20, 2026 at 8:48 p.m. CEST.
Target leaves measurable upside
RBC's target provides a clear numerical benchmark for the Canadian oilfield technology company. The CAD 3.27 difference between the target and the TSX price represents a 23.82 percent premium to the quoted CAD 13.73 level. TipRanks also reported an average analyst target of CAD 16.00, placing the RBC view CAD 1.00 above that consensus figure.
Stock sits below its yearly high
On the TSX, Pason Systems last traded at CAD 13.73 on October 20, 2026 at 2:52 p.m. EDT. The stock's 52-week range was CAD 11.50 to CAD 15.47, putting the price 11.25 percent below the high and 19.39 percent above the low. Market capitalization stood at CAD 1.1 billion, while trading volume reached 149,298 shares.
Revenue and results date
For the second quarter ended June 30, 2026, revenue reached CAD 100.78 million and net profit was CAD 14.06 million, according to TipRanks. Revenue increased 4.52 percent from CAD 96.42 million a year earlier, while net profit rose 11.15 percent from CAD 12.65 million. The company is scheduled to announce third-quarter 2026 results after markets close on November 5, 2026, with its investor page also listing a conference call for November 6, 2026, as Pason Systems states.
What the next report may clarify
The November release will provide the next periodized test of revenue and profitability after the second-quarter figures. Pason supplies data management systems for drilling rigs, including data acquisition, wellsite reporting and remote communications.
Trading level and next date
Pason Systems was trading at EUR 8.70 at Lang & Schwarz on October 20, 2026 at 8:48 p.m. CEST. The next scheduled company event is the third-quarter results announcement on November 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Pason Systems stock.
Pason Systems stock at a glance
- Company: Pason Systems Inc.
- ISIN: CA7029251088
- Ticker: PSI
- Primary exchange: TSX
- Price Lang & Schwarz (as of October 20, 2026, 8:48 p.m. CEST): EUR 8.70
- Market capitalization: CAD 1.1 billion (as of October 20, 2026)
- 52-week range: CAD 11.50-CAD 15.47 (as of October 20, 2026)
- Sector / Industry: Energy / Oil and Gas Equipment and Services
- Price-to-earnings ratio: 22.63 (as of October 20, 2026)
- Next earnings date: November 5, 2026
Market context: Market report S&P/TSX Composite.
