Ring Energy, Inc. (REI) Social Stream
RING ENERGY INC (REI) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering REI.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-10 | 4 | $4.75 | $4 | $4.375 | $2.7 | 62.04% |
| 2022-02-22 | 4 | $4.75 | $3 | $3.875 | $2.7 | 43.52% |
| 2022-03-07 | 2 | $4.75 | $3 | $3.875 | $2.7 | 43.52% |
| 2022-04-26 | 2 | $4.75 | $4 | $4.375 | $2.7 | 62.04% |
| 2022-05-11 | 2 | $4.9 | $4 | $4.45 | $2.7 | 64.81% |
| 2022-07-19 | 2 | $4.9 | $3 | $3.95 | $2.7 | 46.3% |
| 2022-10-14 | 2 | $7.5 | $3 | $5.25 | $2.7 | 94.44% |
| 2022-11-07 | 2 | $8 | $3 | $5.5 | $2.7 | 103.7% |
The Trend in the Analyst Price Target
Over the past 25 months, REI's average price target has gone up $4.17.
REI reports an average of 38.31% for its upside potential over the past 42 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-02-22 | 4 | 4.75 | 3 | 3.875 | 2.92 | 32.71% |
| 2022-02-22 | 3 | 4.75 | 3 | 3.875 | 2.92 | 32.71% |
| 2022-04-26 | 2 | 4.75 | 4 | 4.375 | 4.21 | 3.92% |
| 2022-07-19 | 2 | 4.90 | 3 | 3.950 | 2.63 | 50.19% |
| 2022-11-07 | 2 | 8.00 | 3 | 5.500 | 3.27 | 68.2% |
REI Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 3 | 0 | 0 | 2 | 0 | 0 | 2 |
The Trend in the Broker Recommendations
Over the past 123 days, REI's average broker recommendation rating improved by 0.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- In the context of all US stocks, RING ENERGY INC's average analyst price target is higher than 26% of them.
- RING ENERGY INC's number of analysts covering the stock is greater than 35.52% of Petroleum and Natural Gas stocks.
- To contextualize these metrics, consider that out of Energy stocks, RING ENERGY INC's upside potential (average analyst target price relative to current price) is higher than 851.97% of them.
- In the context of Petroleum and Natural Gas stocks, RING ENERGY INC's variance in analysts' estimates is lower than -234.54% of them.
In the Petroleum and Natural Gas industry, EGY, BROG, and NCSM are the three stocks most similar to RING ENERGY INC regarding the price target and analyst recommendation information presented here.
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