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Range Resources: Analysts’ Recommendations

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Analysts’ recommendations

As of March 9, 2018, Reuters reported that 33 analysts gave recommendations on Range Resources (RRC). Of the analysts, ~21% gave “strong buy,” ~37% gave “buy,” ~33% gave “hold,” ~6% gave “sell,” and ~3% gave “strong sell” recommendations on the stock.

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Median target price

The median target price on Range Resources stock is $22.00, which is ~40% higher than its closing price of $15.74 on March 9, 2018. In the last three months, the median target price has decreased from $26.00 to $22.00.

Other oil and gas producers

Based on the median target prices from Wall Street analysts, ConocoPhillips (COP) and Encana (ECA) have potential upsides of ~20% and ~46%, respectively, from their closing prices on March 9. Murphy Oil (MUR) has a potential upside of ~30%.

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