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Range Resources Corp has a consensus price target of $35.53 based on the ratings of 21 analysts. The high is $45 issued by Mizuho on September 16, 2024. The low is $27 issued by UBS on September 18, 2024. The 3 most-recent analyst ratings were released by UBS, Morgan Stanley, and Mizuho on September 18, 2024, September 16, 2024, and September 16, 2024, respectively. With an average price target of $34.33 between UBS, Morgan Stanley, and Mizuho, there's an implied 12.16% upside for Range Resources Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Range Resources (NYSE:RRC) was reported by UBS on September 18, 2024. The analyst firm set a price target for $27.00 expecting RRC to fall to within 12 months (a possible -11.79% downside). 58 analyst firms have reported ratings in the last year.
The latest analyst rating for Range Resources (NYSE:RRC) was provided by UBS, and Range Resources maintained their sell rating.
The last upgrade for Range Resources Corp happened on August 20, 2024 when Scotiabank raised their price target to $45. Scotiabank previously had a sector perform for Range Resources Corp.
The last downgrade for Range Resources Corp happened on August 15, 2024 when Piper Sandler changed their price target from $43 to $31 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 September 18, 2024 so you should expect the next rating to be made available sometime around September 18, 2025.
While ratings are subjective and will change, the latest Range Resources (RRC) rating was a maintained with a price target of $30.00 to $27.00. The current price Range Resources (RRC) is trading at is $30.61, which is out of the analyst’s predicted range.
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