Analysts Conflicted on These Energy Names: CVR Energy (CVI) and Range Resources (RRC)

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on CVR Energy (CVI – Research Report) and Range Resources (RRC – Research Report).

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CVR Energy (CVI)

J.P. Morgan analyst John Royall maintained a Sell rating on CVR Energy on February 24 and set a price target of $21.00. The company’s shares closed last Tuesday at $20.54.

According to TipRanks.com, Royall is a 4-star analyst with an average return of 4.9% and a 56.1% success rate. Royall covers the NA sector, focusing on stocks such as HF Sinclair Corporation, Par Pacific Holdings, and Occidental Petroleum.

Currently, the analyst consensus on CVR Energy is a Moderate Sell with an average price target of $21.00, a -0.7% downside from current levels. In a report issued on February 19, Scotiabank also maintained a Sell rating on the stock with a $22.00 price target.

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Range Resources (RRC)

In a report released today, Gabriele Sorbara from Siebert Williams Shank & Co reiterated a Hold rating on Range Resources, with a price target of $44.00. The company’s shares closed last Tuesday at $37.50.

According to TipRanks.com, Sorbara is a 5-star analyst with an average return of 18.4% and a 53.5% success rate. Sorbara covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, Comstock Resources, and Magnolia Oil & Gas.

Range Resources has an analyst consensus of Hold, with a price target consensus of $40.60, implying a 7.0% upside from current levels. In a report issued on February 12, Goldman Sachs also maintained a Hold rating on the stock with a $43.00 price target.

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