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Analysts’ Opinions Are Mixed on These Energy Stocks: Range Resources (RRC) and Crescent Energy Company Class A (CRGY)

Tipranks - Fri Apr 24, 6:34AM CDT

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 12.0% and a 68.0% success rate. Margolin covers the NA sector, focusing on stocks such as Tamboran Resources Corporation, California Resources Corp, and HF Sinclair Corporation. ;'>

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 10.2% and a 58.6% success rate. Chang covers the NA sector, focusing on stocks such as LandBridge Company LLC Class A, Magnolia Oil & Gas, and Matador Resources. ;'>

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.

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