Rice Energy (NYSE:RICE) target price raised to $32.00, issued a report today by Scotia Howard Weil
- Updated: October 10, 2016
Rice Energy (NYSE:RICE) had its target price raised to $32.00 by Scotia Howard Weil in a report released 10/11/2016. The new target price indicates a possible upside of 0.17% based on the company's last stock close price.
Previously on Thursday October 06, 2016, Mizuho Securities reported about Rice Energy (NYSE:RICE) raised the target price from $0.00 to $43.00. At the time, this indicated a possible upside of 0.60%.
Yesterday Rice Energy (NYSE:RICE) traded 0.00% even at $27.36. The company’s 50-day moving average is $26.75 and its 200-day moving average is $21.74. The last stock close price is up 25.83% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 0 shares of the stock were exchanged, down from an average trading volume of 3,420,740
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Rice Energy has a 52 week low of $7.92 and a 52 week high of $29.36 The company’s market cap is currently $0.
In addition to Scotia Howard Weil reporting its target price, a total of 24 firms have issued a report on the stock. The consensus target price is $19.88 with 8 firms rating the stock a strong buy, 11 firms rating the stock a buy, 7 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Rice Energy (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 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. It holds approximately 92,000 net acres in the southwestern core of the Marcellus Shale, primarily in Washington and Greene Counties, Pennsylvania, and approximately 56,000 net acres in the southeastern core of the Utica Shale, primarily in Belmont County, Ohio.
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