Analyst Ratings for Range Resources
Portfolio Pulse from Benzinga Insights
Range Resources (NYSE:RRC) has received various analyst ratings over the last quarter, with 5 bullish, 4 somewhat bullish, 2 indifferent, and 2 somewhat bearish ratings. The average price target for RRC is now $37.46, up 7.8% from the previous target of $34.75, suggesting an upside from the current price of $31.00. Analysts provide these ratings based on research and forecasts, which are updated quarterly.
December 06, 2023 | 4:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Range Resources has a higher average analyst price target of $37.46, suggesting a potential upside from its current price of $31.00.
The increase in the average price target for RRC reflects a positive sentiment among analysts, which could lead to increased investor confidence and a potential short-term rise in the stock price. The ratings suggest that analysts believe the stock is undervalued and has room to grow.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100