Ring Energy, Inc. (REI) Social Stream



Ring Energy, Inc. (REI): $2.93

-0.05 (-1.68%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

Ring Energy Inc (REI) Price Targets From Analysts

The tables below show price targets and recommendations from analysts covering Ring Energy Inc.

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 $4 9.38%
2022-02-22 4 $4.75 $3 $3.875 $4 -3.12%
2022-03-07 2 $4.75 $3 $3.875 $4 -3.12%

The Trend in the Analyst Price Target


REI's average price target has moved up $2.54 over the prior 16 months.

REI reports an average of 20.52% for its upside potential over the past 144 days.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2021-10-14 4 4.75 4 4.375 3.83 14.23%
2021-11-10 4 4.75 4 4.375 3.52 24.29%
2022-02-22 3 4.75 3 3.875 2.92 32.71%
2022-03-07 2 4.75 3 3.875 3.85 0.65%
2022-03-07 3 4.75 3 3.875 3.85 0.65%

REI Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2 1 0 1 0 0 2

The Trend in the Broker Recommendations


Over the past 24 months, REI's average broker recommendation rating improved by 0.66.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for REI as an investment opportunity.

  • REI has a greater average analyst price target than 7.4% of all US stocks.
  • In terms of how Ring Energy Inc fares relative to stocks in the small market cap category, note that its upside potential (average analyst target price relative to current price) is higher than 23.51% of that group.
  • In terms of how Ring Energy Inc fares relative to Petroleum and Natural Gas stocks, note that its number of analysts covering the stock is greater than 27.11% of that group.
  • In terms of how Ring Energy Inc fares relative to Petroleum and Natural Gas stocks, note that its variance in analysts' estimates is lower than -10.4% of that group.

In the Petroleum and Natural Gas industry, PNRG, PHX, and PARR are the three stocks most similar to Ring Energy Inc regarding the price target and analyst recommendation information presented here.

Make investment decisions regarding REI using the data that counts. Try POWR Ratings for free.


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