Are Analyst Price Targets Accurate? 7 Years of Data
How often Wall Street price targets are reached, how long it takes, and how the promised upside compares with what stocks actually did. From Exent’s backtest of 628,792 analyst ratings.
How often Gregory Pardy’s price targets were reached, how fast, and what the stocks did after each call: a 7‑year backtest of 176 ratings, compared with the average Wall Street analyst.
Gregory Pardy of RBC Capital ranks #81 of the 1,000 analysts Exent scores, with a 5.0★ rating and a focus on energy. Over a 7‑year lookback, 66.3% of Gregory’s price targets were reached, 13.9 points above the 52.4% average across all analysts.
| Metric | Gregory Pardy | All analysts |
|---|---|---|
| Price‑target hit rate | 66.3% | 52.4% |
| Median days to hit target | 83 days | 91 days |
| Calls up after 12 months | 56.6% | 64.0% |
| Median 12‑month return of calls | +14.8% | +13.4% |
| Hit rate, last 2 years | 59.3% | — |
| Average worst drop after a call | −22.4% | — |
| Ratings in the sample | 176 | — |
| Stocks covered | 15 | — |
| Time to reach the target | Gregory Pardy |
|---|---|
| Under 30 days | 16.4% |
| 30–90 days | 36.4% |
| 90–180 days | 25.5% |
| Over 180 days | 21.8% |
Share of the targets that were reached, by how long they took. Targets are usually set for 12 months.
| Stock | Ratings in the sample |
|---|---|
| OVV | 42 |
| TSX-IMO | 41 |
| TSX-VET | 41 |
| TSX-ATH | 39 |
| TSX-SU | 39 |
| TSX-CVE | 38 |
| TSX-CNQ | 37 |
| TSX-BTE | 32 |
In the past year Gregory’s ratings were 51% Buy, 46% Hold and 3% Sell.
| Date | Stock | Action | Rating | Price target |
|---|---|---|---|---|
| Sep 11, 2026 | OVV | Reiterated: Buy | Buy | $85.00 |
| Sep 10, 2026 | TSX-BTE | Reiterated: Hold | Hold | $7.00 |
| Sep 10, 2026 | TSX-ATH | Reiterated: Hold | Hold | $12.00 |
| Aug 6, 2026 | TSX-SCR | Reiterated: Hold | Hold | $48.00 |
| Aug 6, 2026 | TSX-CNQ | Reiterated: Buy | Buy | $79.00 |
| Aug 6, 2026 | GFR | Reiterated: Hold | Hold | $7.48 |
| Aug 6, 2026 | TSX-SU | Reiterated: Buy | Buy | $100.00 |
| Aug 4, 2026 | TSX-IMO | Reiterated: Sell | Sell | $123.00 |
| Aug 4, 2026 | TSX-IPCO | Reiterated: Hold | Hold | $38.00 |
| Aug 2, 2026 | TSX-PXT | Reiterated: Hold | Hold | $29.00 |
| Jul 31, 2026 | TSX-BTE | Reiterated: Hold | Hold | $7.00 |
| Jul 30, 2026 | TSX-ATH | Reiterated: Hold | Hold | $12.00 |
Live ratings from Gregory Pardy and the other top‑ranked analysts, and the stocks where they agree, are in Exent Stocks Radar.
Exent replays every rating with a price target over a 7‑year lookback: was the target reached, how long it took, and what the stock returned 1, 3, 6 and 12 months after the call. The star rating and rank combine success rate, average return and the number of ratings, so a few lucky calls do not make a top analyst. Statistics as of Jun 24, 2026; ranking updated Oct 17, 2026. How accurate are analyst price targets overall?
Past performance does not guarantee future results. Historical figures are calculated by Exent from market data and are for education only; they are not investment advice or a recommendation to buy or sell any security.
By Exent’s scoring Gregory Pardy ranks #81 of 1,000 with a 5.0★ rating. 66.3% of price targets were reached over a 7-year lookback (all analysts: 52.4%), and 56.6% of calls were up 12 months later. Past accuracy does not guarantee future accuracy.
Gregory Pardy’s success rate is 67.3% by the ranking source and 66.3% by Exent’s price-target hit-rate backtest, with a median of 83 days to reach a target.
Gregory Pardy (RBC Capital) covers 15 stocks, mostly in energy. The most frequently rated are OVV, TSX-IMO, TSX-VET, TSX-ATH, TSX-SU.
Exent tracks 4,000+ analysts, keeps only the elite few with proven records, and surfaces the Gems where they agree.
Educational content, not investment advice. Examples are illustrative; past performance does not guarantee future results.