They now have a Dollars 46 price target on the stock. Royal Bank Of Canada’s price target would indicate a potential upside of 17.05% from the company’s previous close. The share price of $11.77 is at a distance of 28.35 percent from its 52-week low and down -72.96 percent versus its peak. They now have a United States dollars 28 price target on the stock. The company posted a positive surprise factor of 14.29% by 0.02. Past 5 years growth of RSP Permian Inc (NYSE:RSPP) observed at 0.00%, and for the next five years the analysts that follow this company are expecting its growth at 30.90%. JP Morgan maintained it with “Neutral” rating and $30 target price in a March 15 report. Finally, Bank of America Corp. restated a “buy” rating and issued a $41.00 target price (up from $35.00) on shares of RSP Permian in a research report on Tuesday, June 21st. The stock has a consensus analyst price target of $51.63for twelve month. Macquarie Group Ltd. now owns 492,454 shares of the company’s stock worth $12,011,000 after buying an additional 34,528 shares during the period. (NYSE:RSPP) fell -2.82% in trading session and finally closed at $38.19.
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When analysts were polled three months ago, the stock had an average rating of 1.47.
RSP Permian Inc (NYSE:RSPP) went down -2.82% during trading on 8/9/2016, hitting $40.74. Its up 0.21, from 1.52 in 2015Q4.
In related news, COO Zane W. Arrott sold 50,000 shares of RSP Permian stock in a transaction on Wednesday, May 11th. Boothbay Fund Management LLC boosted its stake in RSP Permian by 0.4% in the first quarter.
Net loss of $9.8 million, or ($0.10) per diluted share. The stock has a market capitalization of $4.03B and it has 101.64M outstanding shares. Talara Capital Management Llc owns 772,378 shares or 11.7% of their U.S. portfolio. The share price is now 8.57 percent versus its SMA20, 10.03 percent versus its SMA50, and 33.55 percent versus its SMA200. The New York-based Encompass Capital Advisors Llc has invested 6.21% in the stock.
RSP Permian, Inc.is an independent oil and natural gas company focused on the acquisition, exploration, development and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. This depreciation has taken its market cap to $3.88B. The companys Allstate Protection segment sells private passenger auto, homeowners, and other property-liability insurance products under the Allstate, Esurance, and Encompass brand names. It now has negative earnings. It owns interest in contiguous acreage blocks in the core of the Midland Basin, a sub-basin of the Permian Basin, primarily in the adjacent counties of Midland, Martin, Andrews, Dawson, Ector, and Glasscock. The Company’s estimated proved oil and natural gas reserves are approximately 159.2 million barrels of oil equivalent (MMBoe).
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06/14/2016 – RSP Permian Inc had its “buy” rating reiterated by analysts at Wunderlich.
