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Analysts’ Post-4Q17 Views on Range Resources

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Mar. 5 2018, Updated 10:32 a.m. ET

Analyst recommendations for Range Resources

Of the 32 analysts covering Range Resources (RRC) stock on February 28, 2018, Reuters reported that ~22% recommended “strong buy,” ~38% recommended “buy,” ~31% recommended “hold,” and ~9% recommended “sell” or “strong sell.”

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RRC’s median target price

The median target price on Range Resources stock is $23.50, ~77% higher than its closing price of $13.29 on February 28, 2018. In the last three months, the stock’s median target price has fallen from $27 to $23.50.

Other oil and gas producers

Based on Wall Street analysts’ median price targets, oil and gas companies ConocoPhillips (COP) and Encana (ECA) have potential upsides of ~23% and ~55%, respectively, based on their February 28 closing prices. Murphy Oil (MUR) has a potential upside of ~36%.

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