Range Resources Corp has a consensus price target of $33.93, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, Mizuho, and Wells Fargo on March 28, 2024, March 13, 2024, and March 12, 2024. With an average price target of $32 between Morgan Stanley, Mizuho, and Wells Fargo, there's an implied -7.06% downside for Range Resources Corp from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/28/2024 | RRC | Buy Now | Range Resources | $34.43 | -33.2% | Morgan Stanley | Devin McDermott | $22 → $23 | Maintains | Underweight | Get Alert |
03/13/2024 | RRC | Buy Now | Range Resources | $34.43 | 13.27% | Mizuho | Nitin Kumar | $37 → $39 | Reiterates | Buy → Buy | Get Alert |
03/12/2024 | RRC | Buy Now | Range Resources | $34.43 | -1.25% | Wells Fargo | Roger Read | $32 → $34 | Maintains | Equal-Weight | Get Alert |
03/07/2024 | RRC | Buy Now | Range Resources | $34.43 | 16.18% | Piper Sandler | Mark Lear | $42 → $40 | Maintains | Overweight | Get Alert |
03/05/2024 | RRC | Buy Now | Range Resources | $34.43 | 4.56% | RBC Capital | Scott Hanold | → $36 | Reiterates | Outperform → Outperform | Get Alert |
02/23/2024 | RRC | Buy Now | Range Resources | $34.43 | -7.06% | Truist Securities | Bertrand Hodee | $33 → $32 | Maintains | Hold | Get Alert |
01/26/2024 | RRC | Buy Now | Range Resources | $34.43 | -1.25% | Susquehanna | Biju Perincheril | $43 → $34 | Downgrade | Positive → Neutral | Get Alert |
01/24/2024 | RRC | Buy Now | Range Resources | $34.43 | 4.56% | Raymond James | John Freeman | $37 → $36 | Maintains | Outperform | Get Alert |
01/23/2024 | RRC | Buy Now | Range Resources | $34.43 | 7.46% | Stifel | Derrick Whitfield | $38 → $37 | Maintains | Buy | Get Alert |
01/11/2024 | RRC | Buy Now | Range Resources | $34.43 | — | Benchmark | Subash Chandra | — | Downgrade | Buy → Hold | Get Alert |
12/20/2023 | RRC | Buy Now | Range Resources | $34.43 | 7.46% | Raymond James | John Freeman | $41 → $37 | Maintains | Outperform | Get Alert |
12/14/2023 | RRC | Buy Now | Range Resources | $34.43 | -7.06% | Wells Fargo | Roger Read | $40 → $32 | Downgrade | Overweight → Equal-Weight | Get Alert |
12/11/2023 | RRC | Buy Now | Range Resources | $34.43 | -4.15% | Citigroup | Paul Diamond | $36 → $33 | Maintains | Neutral | Get Alert |
12/06/2023 | RRC | Buy Now | Range Resources | $34.43 | -7.06% | JP Morgan | Arun Jayaram | $33 → $32 | Downgrade | Neutral → Underweight | Get Alert |
11/20/2023 | RRC | Buy Now | Range Resources | $34.43 | 10.37% | Stifel | Derrick Whitfield | $39 → $38 | Maintains | Buy | Get Alert |
11/01/2023 | RRC | Buy Now | Range Resources | $34.43 | 27.8% | Mizuho | Nitin Kumar | $40 → $44 | Maintains | Buy | Get Alert |
10/26/2023 | RRC | Buy Now | Range Resources | $34.43 | 4.56% | Citigroup | Paul Diamond | $31 → $36 | Maintains | Neutral | Get Alert |
10/26/2023 | RRC | Buy Now | Range Resources | $34.43 | 24.89% | Susquehanna | Biju Perincheril | $42 → $43 | Maintains | Positive | Get Alert |
10/24/2023 | RRC | Buy Now | Range Resources | $34.43 | 19.08% | Raymond James | John Freeman | → $41 | Upgrade | Market Perform → Outperform | Get Alert |
The latest price target for Range Resources (NYSE: RRC) was reported by Morgan Stanley on March 28, 2024. The analyst firm set a price target for $23.00 expecting RRC to fall to within 12 months (a possible -33.20% downside). 57 analyst firms have reported ratings in the last year.
The latest analyst rating for Range Resources (NYSE: RRC) was provided by Morgan Stanley, and Range Resources maintained their underweight rating.
The last upgrade for Range Resources Corp happened on October 24, 2023 when Raymond James raised their price target to $41. Raymond James previously had a market perform for Range Resources Corp.
The last downgrade for Range Resources Corp happened on January 26, 2024 when Susquehanna changed their price target from $43 to $34 for Range Resources Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Range Resources, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Range Resources was filed on March 28, 2024 so you should expect the next rating to be made available sometime around March 28, 2025.
While ratings are subjective and will change, the latest Range Resources (RRC) rating was a maintained with a price target of $22.00 to $23.00. The current price Range Resources (RRC) is trading at is $34.43, which is out of the analyst’s predicted range.
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