Ring Energy, Inc. (REI) Social Stream
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.
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