Decoding 13 Analyst Evaluations For Range Resources
Portfolio Pulse from Benzinga Insights
Range Resources (NYSE:RRC) has been analyzed by 13 analysts, showing a mix of bullish and bearish sentiments. The average 12-month price target has decreased by 7.89% to $35.00. Analysts have mostly lowered their ratings and price targets, reflecting challenges in revenue growth, net margin, ROE, and ROA.
October 02, 2024 | 3:01 pm
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NEGATIVE IMPACT
Range Resources has seen a decrease in its average 12-month price target by 7.89% to $35.00, with analysts mostly lowering their ratings. The company faces challenges in revenue growth, net margin, ROE, and ROA, which may impact its stock price negatively in the short term.
The decrease in the average price target and the predominance of lowered ratings by analysts suggest a negative short-term outlook for Range Resources. The company's challenges in revenue growth, net margin, ROE, and ROA further support this view, indicating potential downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100