Resolute Energy (NYSE:REN) target price raised to $25.00, reported today by Wunderlich
- Updated: September 17, 2016
In a statement issued on Monday August 22 2016 Wunderlich increased the target price of Resolute Energy (NYSE:REN) from $15 to $25 stating a possible upside of 0.32%.
On 8/10/2016, Wunderlich Securities reported on Resolute Energy(NYSE:REN) bumped the target price from $8.00 to $15.00. At the time, this indicated a possible upside of 0.54%.
Just yesterday Resolute Energy (NYSE:REN) traded 5.87% lower at $18.97. REN’s 50-day moving average is $14.93 and its two hundred day moving average is $6.37. With the last close up 265.20% from the two hundred day average, compared to the S&P 500 Index which has decreased -0.01% over the same time period. 1,545,739 shares of REN exchanged hands, down from ann average volume of 2,019,270.
Recent Performance Chart:
With a market capitalization of $0.0, Resolute Energy has a price-earnings of 0 with a one-year low of $1.75 and a 52 week high of $25.48.
More About Resolute Energy (NYSE:REN)
Resolute Energy Corporation is an independent oil and gas company. The Company is engaged in the exploitation, development, exploration for and acquisition of oil and gas properties. Its properties are Aneth Field located in the Paradox Basin in southeast Utah (the Aneth Field Properties or Aneth Field), and the Permian Basin in Texas and southeast New Mexico (the Permian Properties or Permian Basin Properties). It has an interest in gas gathering and compression facilities located within and adjacent to its Aneth Field Properties. Aneth Field is an oil field in southeast Utah, which produces approximately 6, 290 equivalent barrels of oil per day. It owns working interests in the Aneth Unit, the McElmo Creek Unit and the Ratherford Unit. The Company has interests in approximately 27, 750 gross (17, 570 net) acres in the Permian Basin of Texas and southeast New Mexico. It covers over two project areas, and including the Delaware Basin project area and the Northwest Shelf project area.
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