| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/01/2022 | 166.9% | Roth Capital | → $7.5 | Downgrades | Buy → Neutral |
| 10/14/2021 | 69.04% | Roth Capital | → $4.75 | Upgrades | Neutral → Buy |
| 03/09/2020 | -64.41% | SunTrust Robinson Humphrey | $5 → $1 | Downgrades | Buy → Hold |
| 10/02/2018 | 327.05% | Seaport Global | $20 → $12 | Downgrades | Buy → Neutral |
| 02/06/2018 | 682.92% | B. Riley Securities | → $22 | Initiates Coverage On | → Buy |
| 12/21/2017 | 611.74% | KLR Group | → $20 | Initiates Coverage On | → Buy |
| 08/15/2017 | 540.57% | Imperial Capital | → $18 | Initiates Coverage On | → Outperform |
Ring Energy Questions & Answers
The latest price target for Ring Energy (AMEX: REI) was reported by Roth Capital on August 1, 2022. The analyst firm set a price target for $7.50 expecting REI to rise to within 12 months (a possible 166.90% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Ring Energy (AMEX: REI) was provided by Roth Capital, and Ring Energy downgraded their neutral rating.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ring Energy, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ring Energy was filed on August 1, 2022 so you should expect the next rating to be made available sometime around August 1, 2023.
While ratings are subjective and will change, the latest Ring Energy (REI) rating was a downgraded with a price target of $0.00 to $7.50. The current price Ring Energy (REI) is trading at is $2.81, which is within the analyst's predicted range.