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Analysts Offer Insights on Energy Companies: Range Resources (RRC) and Halliburton (HAL)

Tipranks - Wed Apr 15, 6:13AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Range Resources (RRC) and Halliburton (HAL).

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Range Resources (RRC)

In a report released today, Paul Diamond CFA from Citi maintained a Hold rating on Range Resources, with a price target of $45.00. The company’s shares closed last Monday at $41.90, close to its 52-week high of $41.95.

According to TipRanks.com, CFA is a 4-star analyst with an average return of 6.3% and a 56.2% success rate. CFA covers the NA sector, focusing on stocks such as Infinity Natural Resources, Inc. Class A, Kimbell Royalty Partners, and Northern Oil And Gas. ;'>

Currently, the analyst consensus on Range Resources is a Hold with an average price target of $44.56, which is a 2.9% upside from current levels. In a report issued on April 2, Freedom Capital Markets also initiated coverage with a Hold rating on the stock with a $48.00 price target.

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Halliburton (HAL)

In a report released yesterday, Scott Gruber from Citi maintained a Buy rating on Halliburton, with a price target of $38.00. The company’s shares closed last Monday at $38.61, close to its 52-week high of $41.56.

According to TipRanks.com, Gruber is a 5-star analyst with an average return of 15.1% and a 61.1% success rate. Gruber covers the NA sector, focusing on stocks such as Solaris Energy Infrastructure, Weatherford International, and Oceaneering International. ;'>

Halliburton has an analyst consensus of Moderate Buy, with a price target consensus of $38.36, a 0.6% upside from current levels. In a report issued on March 29, TipRanks – xAI also upgraded the stock to Buy with a $45.00 price target.

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