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Analysts Offer Insights on Energy Companies: Range Resources (RRC) and Suncor Energy (SU)

Tipranks - Tue Mar 24, 11:34AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on Range Resources (RRC) and Suncor Energy (SU).

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Range Resources (RRC)

Roth MKM analyst Leo Mariani maintained a Hold rating on Range Resources today and set a price target of $36.00. The company’s shares closed last Monday at $44.34.

According to TipRanks.com, Mariani is a top 25 analyst with an average return of 35.9% and a 72.8% success rate. Mariani covers the NA sector, focusing on stocks such as California Resources Corp, Occidental Petroleum, and Prairie Operating Co. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Range Resources with a $42.65 average price target, representing a -2.4% downside. In a report issued on March 12, Piper Sandler also maintained a Hold rating on the stock with a $42.00 price target.

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Suncor Energy (SU)

In a report issued on March 18, Menno Hulshof from TD Cowen maintained a Buy rating on Suncor Energy, with a price target of C$81.00. The company’s shares closed last Monday at $62.66.

According to TipRanks.com, Hulshof is a 4-star analyst with an average return of 5.2% and a 49.8% success rate. Hulshof covers the NA sector, focusing on stocks such as Vermilion Energy, Canadian Natural, and Cenovus Energy. ;'>

Currently, the analyst consensus on Suncor Energy is a Moderate Buy with an average price target of $56.76, representing a -8.6% downside. In a report issued on March 12, Goldman Sachs also maintained a Buy rating on the stock with a $62.00 price target.

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