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Range Resources Corp has a consensus price target of $36.33 based on the ratings of 20 analysts. The high is $47 issued by Mizuho on December 16, 2024. The low is $30 issued by Piper Sandler on November 18, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Mizuho, and UBS on December 17, 2024, December 16, 2024, and December 9, 2024, respectively. With an average price target of $40.67 between Wells Fargo, Mizuho, and UBS, there's an implied 21.76% 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 Wells Fargo on December 17, 2024. The analyst firm set a price target for $40.00 expecting RRC to rise to within 12 months (a possible 19.76% upside). 57 analyst firms have reported ratings in the last year.
The latest analyst rating for Range Resources (NYSE:RRC) was provided by Wells Fargo, and Range Resources maintained their overweight rating.
The last upgrade for Range Resources Corp happened on December 9, 2024 when UBS raised their price target to $35. UBS previously had a sell 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 December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest Range Resources (RRC) rating was a maintained with a price target of $38.00 to $40.00. The current price Range Resources (RRC) is trading at is $33.40, which is out of the analyst’s predicted range.
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