18.4% Below Target

Range Resources Corporation (RRC) has a consensus 12-month price target of $44.83, implying 18.4% upside from $37.85. The 62 analysts covering RRC see moderate appreciation potential.

RRC has a consensus rating of "Hold" based on 62 Wall Street analysts. The rating breakdown is mixed, with 37 Hold ratings making up the largest segment. The consensus 12-month price target of $44.83 implies 18.4% upside from current levels.

With a forward P/E of 8.8821x, RRC trades at a relatively low valuation. The consensus target of $44.83 implies 18.4% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $53 for RRC, while the most conservative target is $39. The consensus of $44.83 represents the median expectation. Our quantitative valuation model projects a bull case target of $80 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

RRC is heavily covered by Wall Street, with 62 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 24 have Buy ratings, 37 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month RRC stock forecast based on 62 Wall Street analysts shows a consensus price target of $44.83, with estimates ranging from $39 (bear case) to $53 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $61, with bear/bull scenarios of $38/$80.

Our quantitative valuation model calculates RRC's fair value at $61 (base case), with a bear case of $38 and bull case of $80. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 56/100.

RRC trades at a forward P/E ratio of 8.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 13.8x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are optimistic on RRC, with a "Hold" consensus rating and $44.83 price target (18.4% upside). 24 of 62 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

RRC analyst price targets range from $39 to $53, a 31% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $44.83 consensus represents the middle ground. Our model's $38-$80 range provides an independent fundamental perspective.