Resources

Analyst Notes for Range Resources – Range Resources Corp. (RRC)


During the past quarter, Range Resources (NYSE: RRC) observed the following analyst ratings:

Bullish Rather bullish Indifferent A little bearish Bearish
Total scores 3 0 2 1 0
Last 30 days 0 0 1 0 0
There is 1 M 0 0 0 0 0
There are 2 M 0 0 0 1 0
There are 3M 3 0 1 0 0

According to 6 analysts offering 12-month price targets in the past 3 months, Range Resources has an average price target of $ 27.5 with a high of $ 33.00 and a low of $ 22.00.

Below is a summary of how these 6 analysts have rated Range Resources over the past 3 months. The higher the number of bullish ratings, the more positive analysts are on the security and the more bearish the number of ratings, the more negative analysts are on the security.

That target average price has increased 49.62% over the past month.

Ratings come from analysts or specialists in banking and financial systems who publish reports for specific stocks or defined sectors (usually quarterly for each stock). Analysts typically get their information from company conference calls and meetings, financial statements, and conversations with important insiders to make their decisions.

Some analysts publish their forecasts for metrics such as growth estimates, earnings and revenues to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and only offer their opinions to investors.

This article was generated by Benzinga’s automated content engine and edited by an editor.