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RSP Permian Inc (NYSE:RSPP) has been upgraded to B in a statement by TheStreet earlier today.

Having a price of $37.40, RSP Permian Inc (NYSE:RSPP) traded 3.19% higher on the day. With the last stock price up -3.81% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. RSPP has recorded a 50-day average of $32.98 and a two hundred day average of $34.33. Trade Volume was down over the average, with 1,665,618 shares of RSPP changing hands under the typical 2,048,160

TheStreet has upgraded RSP Permian Inc (NYSE:RSPP) to B in a statement released on 5/22/2017.

On 5/18/2017, Barclays Capital released a statement about RSP Permian Inc (NYSE:RSPP) upped the target price from $44.00 to $46.00 that suggested an upside of 0.13%.

Recent Performance Chart

RSP Permian Inc (NYSE:RSPP)

RSP Permian Inc has PE ratio of 60.92 with a one year low of $28.76 and a one year high of $46.92 and has a market capitalization of $0.

A total of 28 brokerages have issued a ratings update on RSP Permian Inc. Seven brokerages rating the company a strong buy, nineteen brokerages rating the company a buy, five brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $35.33.

General Company Details For RSP Permian Inc (NYSE:RSPP)

RSP Permian, Inc. is an independent oil and natural gas company. The Company is engaged in the acquisition, exploration, development and production of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin of West Texas. The Company's properties are located on contiguous acreage blocks in the Midland Basin, and the Delaware Basin, both sub-basins of the Permian Basin. The Midland Basin properties are primarily in the adjacent counties of Midland, Martin, Andrews, Ector, Glasscock and Dawson. The Delaware Basin properties are in Loving and Winkler counties. The Company has drilled Lower Spraberry horizontal well and a Middle Spraberry horizontal well in the Permian Basin. In addition, it has also drilled a Wolfcamp B horizontal well in the North Midland Basin.

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