Ranger Energy Services Inc has a consensus price target of $12.75 based on the ratings of 4 analysts. The high is $14 issued by Barclays on May 2, 2022. The low is $12 issued by Piper Sandler on July 15, 2024. The 3 most-recent analyst ratings were released by Barclays, Piper Sandler, and Barclays on August 16, 2024, July 15, 2024, and January 10, 2023, respectively. With an average price target of $13 between Barclays, Piper Sandler, and Barclays, there's an implied -6.47% downside for Ranger Energy Services Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ranger Energy Services (NYSE:RNGR) was reported by Barclays on August 16, 2024. The analyst firm set a price target for $13.00 expecting RNGR to fall to within 12 months (a possible -6.47% downside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Ranger Energy Services (NYSE:RNGR) was provided by Barclays, and Ranger Energy Services maintained their equal-weight rating.
There is no last upgrade for Ranger Energy Services
The last downgrade for Ranger Energy Services Inc happened on January 10, 2023 when Barclays changed their price target from N/A to $14 for Ranger Energy Services Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ranger Energy Services, 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 Ranger Energy Services was filed on August 16, 2024 so you should expect the next rating to be made available sometime around August 16, 2025.
While ratings are subjective and will change, the latest Ranger Energy Services (RNGR) rating was a maintained with a price target of $12.00 to $13.00. The current price Ranger Energy Services (RNGR) is trading at is $13.90, which is out of the analyst’s predicted range.
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