Range Resources (RRC) Stock Forecast & Price Target

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$35.05

-0.96 (-2.67%)

(As of 04/15/2024 ET)

Range Resources Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 19 Analyst Ratings

Analysts' Consensus Price Target

$35.25
0.57% Upside

High Forecast	$47.00
Average Forecast	$35.25
Low Forecast	$23.00

Type	Current Forecast 4/17/23 to 4/16/24	1 Month Ago 3/18/23 to 3/17/24	3 Months Ago 1/17/23 to 1/17/24	1 Year Ago 4/17/22 to 4/17/23
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	8 Buy rating(s)	9 Buy rating(s)	10 Buy rating(s)
Hold	9 Hold rating(s)	9 Hold rating(s)	9 Hold rating(s)	8 Hold rating(s)
Sell	4 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$35.25	$34.62	$35.52	$33.22
Predicted Upside	0.57% Upside	14.41% Upside	15.31% Upside	21.32% Upside

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RRC Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

RRC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Range Resources Stock vs. The Competition

Type	Range Resources	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.11	2.55	2.48
Consensus Rating	Hold	Moderate Buy	Hold
Predicted Upside	0.57% Upside	458.76% Upside	11.23% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
4/11/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$39.00	+8.18%
4/11/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sector Outperform ➝ Sector Perform	$40.00 ➝ $45.00	+23.90%
4/10/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Underweight	$35.00	-3.31%
4/9/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$36.00	-0.63%
4/5/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	$32.00 ➝ $30.00	-14.31%
4/3/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$33.00 ➝ $37.00	+5.68%
Get the Latest News and Ratings for RRC and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Range Resources and its competitors with MarketBeat's FREE daily newsletter.
3/28/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight ➝ Underweight	$22.00 ➝ $23.00	-33.77%
3/7/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$42.00 ➝ $40.00	+22.10%
1/26/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Positive ➝ Neutral	$43.00 ➝ $34.00	+14.17%
1/24/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$37.00 ➝ $36.00	+20.72%
1/23/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$38.00 ➝ $37.00	+25.00%
1/11/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
12/14/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight	$40.00 ➝ $32.00	+7.85%
12/6/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underweight	$33.00 ➝ $32.00	+2.12%
10/10/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Market Perform	$32.00	-6.30%
9/27/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$44.00 ➝ $47.00	+52.15%
8/17/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sell ➝ Sell	$24.00 ➝ $28.00	-13.29%
8/14/2023	Siebert Williams Shank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	$38.00	+17.10%
7/25/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$34.00	+12.62%
5/24/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Sell ➝ Neutral	$30.00 ➝ $31.00	+6.02%
5/19/2023	VNET Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Upgrade

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 05:38 AM ET.

RRC Price Target - Frequently Asked Questions

What is Range Resources's consensus rating and price target?: According to the issued ratings of 19 analysts in the last year, the consensus rating for Range Resources stock is Hold based on the current 4 sell ratings, 9 hold ratings and 6 buy ratings for RRC. The average twelve-month price prediction for Range Resources is $35.25 with a high price target of $47.00 and a low price target of $23.00. Learn more on RRC's analyst rating history.
Do Wall Street analysts like Range Resources more than its competitors?: Analysts like Range Resources less than other Oils/Energy companies. The consensus rating for Range Resources is Hold while the average consensus rating for oils/energy companies is Moderate Buy. Learn more on how RRC compares to other companies.
Is Range Resources being downgraded by Wall Street analysts?: Over the previous 90 days, Range Resources's stock had 1 downgrade by analysts.

Does Range Resources's stock price have much upside?: According to analysts, Range Resources's stock has a predicted upside of 7.78% based on their 12-month stock forecasts.
What analysts cover Range Resources?: Range Resources has been rated by Barclays, Citigroup, Mizuho, Morgan Stanley, Piper Sandler, Raymond James, Royal Bank of Canada, Scotiabank, Stifel Nicolaus, Susquehanna, and Truist Financial in the past 90 days.

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This page (NYSE:RRC) was last updated on 4/16/2024 by MarketBeat.com Staff

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Range Resources (RRC) Stock Forecast & Price Target

Range Resources Consensus Analyst Rating and Stock Price Forecast (2024)

Analysts' Consensus Rating

Analysts' Consensus Price Target

RRC Analyst Ratings By Month

RRC Price Targets by Month

Range Resources Stock vs. The Competition

Recent Analyst Ratings and Stock Forecasts

RRC Price Target - Frequently Asked Questions

Stock Ratings Reports and Tools

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