What did RBC change in the OBE analyst rating on Feb 20, 2026?

RBC Capital maintained its **Sector Perform** rating and raised the price target to **C$10** from **C$9** on **February 20, 2026**. The move kept the stock neutral while increasing valuation expectations slightly.

How should investors interpret the Sector Perform OBE analyst rating?

Sector Perform means the analyst expects OBE to perform in line with peers. It is neutral, suggesting neither a strong buy nor a sell. Investors should combine this with commodity outlooks and company cash flow.

Does the new OBE price target change the investment case?

The **C$10** target up from **C$9** nudges the investment case positively but not decisively. It implies modestly better forecasts, while the maintained rating keeps risk-reward balanced for most investors.

Where can I see the original analyst note for this OBE analyst rating?

RBC’s update was reported by TheFly on **February 20, 2026**. Read the coverage at TheFly for the note details [source](https://thefly.com/permalinks/entry.php/id4297664/0161286394/OBE-Obsidian-Energy-price-target-raised-by-C-at-RBC-Capital).

Analyst Ratings

RBC Capital Maintains Sector Perform on Obsidian Energy Ltd (OBE) Feb 2026

ByDanny Kontos February 21, 2026February 21, 2026

RBC Capital on February 20, 2026 maintained its Sector Perform rating on Obsidian Energy Ltd (OBE) and raised the price target to C$10 from C$9. This OBE analyst rating action keeps the stock in-line with the sector while nudging expectations higher with a modest price-target increase. The change reflects RBC’s view on near-term cash flow and commodity assumptions. Investors should note the rating was maintained rather than upgraded or downgraded, signaling a cautious but slightly more constructive outlook.