RBC keeps CAD 27.00 target for Peyto stock

Published on 10/17/2026 at 22:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Peyto's next earnings date is November 9, 2026. Peyto stock was last at CAD 25.61 on October 16, 2026, up 2.48 percent on the TSX.

Analyst view meets earnings date

RBC Capital analyst Michael Harvey kept a Hold rating and set a CAD 27.00 target on October 13, 2026.
Peyto's market capitalization stood at CAD 5.3 billion on October 16, 2026.
Peyto stock cost CAD 25.61 at 4:00 p.m. ET on October 16, 2026, up 2.48 percent on the day on the TSX.
Peyto's next earnings date is November 9, 2026.

PEY, CA7170461064, Illustration mit AI erstellt.

RBC Capital analyst Michael Harvey kept a Hold rating on Peyto Exploration & Development and set a CAD 27.00 price target on October 13, 2026, putting the target 5.43 percent above the TSX price. Markets Insider reported the analyst view. Peyto stock was last at CAD 25.61 at 4:00 p.m. ET on October 16, 2026, up 2.48 percent on the day on the TSX.

Natural gas results set the base

Peyto's second-quarter 2026 revenue was CAD 295.58 million, while net profit reached CAD 106.26 million. The same period a year earlier produced revenue of CAD 259.75 million and net profit of CAD 87.83 million, according to Markets Insider. The figures place the analyst target against a company that remained profitable through the latest reported quarter.

Price position on October 16

The TSX price sat inside Peyto's 52-week range of CAD 18.79 to CAD 29.22 on October 16, 2026. Trading volume was 1,033,810 shares against an average of 660,320, while the session high was CAD 25.67 and the opening price was CAD 25.05.

Valuation and November date

Peyto's market capitalization was CAD 5.3 billion on October 16, 2026, and its price-to-earnings ratio was 10.72. Yahoo Finance listed November 9, 2026 as the next earnings date and showed a 12-month average target of CAD 27.59.

The peer read is uneven in timing: Canadian Natural Resources figures are dated October 16, 2026, while ARC Resources figures are dated September 4, 2026.

Comparison with peers

Peyto (TSX, CAD): plus 2.48 percent, price-to-earnings ratio 10.72, market capitalization CAD 5.3 billion
Canadian Natural Resources (TSX, CAD): plus 3.19 percent, price-to-earnings ratio 13.54, market capitalization CAD 156.9 billion
ARC Resources (TSX, CAD): plus 0.71 percent, price-to-earnings ratio 13.73, market capitalization CAD 19.2 billion

Trading stays below the target

The CAD 27.00 RBC target is 5.43 percent above the latest TSX price, while the 52-week high remains CAD 3.61 higher. Peyto's next reported date gives the market a scheduled point for comparing cash generation with the current valuation.

Company figures and the analyst target provide the operating and valuation frame; the last TSX price was CAD 25.61 on October 16, 2026 at 4:00 p.m. ET, up 2.48 percent on the day.