Analysts’ Opinions Are Mixed on These Energy Stocks: Range Resources (RRC) and Crescent Energy Company Class A (CRGY)
Analysts have been eager to weigh in on the Energy sector with new ratings on Range Resources (RRC) and Crescent Energy Company Class A (CRGY).
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Range Resources (RRC)
In a report released today, Sam Margolin from Wells Fargo maintained a Hold rating on Range Resources, with a price target of $46.00. The company’s shares closed last Wednesday at $43.25.
According to TipRanks.com, Margolin is a 5-star analyst with an average return of
Range Resources has an analyst consensus of Hold, with a price target consensus of $44.89, representing a 4.2% upside. In a report issued on April 8, RBC Capital also maintained a Hold rating on the stock with a $50.00 price target.
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Crescent Energy Company Class A (CRGY)
Wells Fargo analyst Hanwen Chang maintained a Buy rating on Crescent Energy Company Class A today and set a price target of $18.00. The company’s shares closed last Wednesday at $12.63.
According to TipRanks.com, Chang is a 4-star analyst with an average return of
Currently, the analyst consensus on Crescent Energy Company Class A is a Strong Buy with an average price target of $16.11, which is a 30.6% upside from current levels. In a report issued on April 20, Siebert Williams Shank & Co also maintained a Buy rating on the stock with a $18.00 price target.
Read More on RRC:
Disclaimer & DisclosureReport an Issue
- Range Resources Rides Record Margins and Cash Flow
- Range Resources price target raised to $42 from $41 at Roth Capital
- Range Resources price target raised to $55 from $54 at Stephens
- Range Resources reports Q1 EPS $1.52, consensus $1.27
- Range Resources options imply 4.2% move in share price post-earnings
