Hit a new 14 year low today.
On 5/30/2014, it closed at $92.95. Trading currently at 8.36, down about 91% in ~ 5 years. Breathtaking destruction of shareholder value.
To say WS disfavors the gassers would be an understatement. Has the knife ended its fall? Are we there (at the bottom), yet?
Anyone have a link to any analyst reports (or summaries) discussing forward-looking outlook and any potential upside catalysts?
TIA
Range Resources - more shareholder pain; are we there yet?
Re: Range Resources - more shareholder pain; are we there ye
In the last 3 months, 9 ranked analysts set 12-month price targets for RRC ranging from $11.00 to $21.00. The average price target among the analysts is $15.13.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group