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Range Resources Corp has a consensus price target of $35.28 based on the ratings of 20 analysts. The high is $45 issued by Scotiabank on August 20, 2024. The low is $27 issued by UBS on September 18, 2024. The 3 most-recent analyst ratings were released by Piper Sandler, Stephens & Co., and Wells Fargo on November 18, 2024, October 25, 2024, and October 25, 2024, respectively. With an average price target of $35.67 between Piper Sandler, Stephens & Co., and Wells Fargo, there's an implied -0.09% downside 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 Piper Sandler on November 18, 2024. The analyst firm set a price target for $30.00 expecting RRC to fall to within 12 months (a possible -15.97% downside). 56 analyst firms have reported ratings in the last year.
The latest analyst rating for Range Resources (NYSE:RRC) was provided by Piper Sandler, and Range Resources maintained their neutral rating.
The last upgrade for Range Resources Corp happened on October 2, 2024 when Barclays raised their price target to $34. Barclays previously had an underweight 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 November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest Range Resources (RRC) rating was a maintained with a price target of $31.00 to $30.00. The current price Range Resources (RRC) is trading at is $35.70, which is out of the analyst’s predicted range.
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