Breaking Finance News

Capital One Financial Corporation downgraded Rice Energy Inc (NYSE:RICE) to Equal Weight in a report released today.

Yesterday Rice Energy Inc (NYSE:RICE) traded -0.14% lower at $24.13. The company’s 50-day moving average is $27.33 and its 200-day moving average is $23.82. The last closing price is up 20.35% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. Trade Volume was down over the average, with 5,929,470 shares of RICE changing hands under the typical 6,944,170

Capital One Financial Corporation has downgraded Rice Energy Inc (NYSE:RICE) to Equal Weight in a report released on 6/20/2017.

On Tuesday June 20, 2017, BMO Capital Markets reported about Rice Energy Inc (NYSE:RICE) raised the target price from $0.00 to $28.00 that indicated a possible upside of 0.15%.

Recent Performance Chart

Rice Energy Inc (NYSE:RICE)

Rice Energy Inc has with a one year low of $18.30 and a one year high of $29.55 and has a market capitalization of $0.

In addition to Capital One Financial Corporation reporting its stock price target, a total of 24 brokerages have issued a research note on the company. The average stock price target is $19.88 with 8 brokerages rating the stock a strong buy, 11 brokerages rating the stock a buy, 7 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally zero analysts rating the company a sell.

More About Rice Energy Inc (NYSE:RICE)

Rice Energy Inc. (Rice Energy) is an independent natural gas and oil company. The Company is engaged in the acquisition, exploration and development of natural gas, oil and natural gas liquids (NGL) properties in the Appalachian Basin. The Company conducts its operations through two segments: Exploration and Production, and Midstream. The Exploration and Production segment is engaged in the acquisition, exploration and development of natural gas, oil and NGLs. The Exploration and Production segment operates in the cores of the Marcellus and Utica Shales. The Company controls approximately 231,000 net acres in the Marcellus and Ohio Utica Shale cores. It operates approximately 1,164 drilling locations. The Midstream segment is engaged in the gathering and compression of natural gas, oil and NGL production of, and in the provision of water services to support the well completion activities of, Rice Energy and third parties.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *