Wall Street’s Views on Range Resources, Post-Earnings Release
According to Reuters, of the 33 analysts covering RRC on April 27, five recommended “strong buy,” 11 recommended “buy,” 14 recommended “hold,” two recommended “sell,” and one recommended “strong sell.” Their median target price for Range Resources stock is $20, which is ~44% higher than its April 27 closing price of $13.90. Since its 1Q18 earnings release, Range Resources’ median stock price target has fallen from $21 to $20.