1.15 USD
+0.06 (+5.5%)
ChartMill assigns a Buy % Consensus number of 80% to REI. The Buy consensus is the weighted average rating of the current analysts ratings.
- Analysts have set a mean price target forecast of 2.55. This target is 121.74% above the current price.
- REI was analyzed by 5 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about REI.
- In the previous month the buy percentage consensus was at a similar level.
- Only 5 analysts analyzed REI. So this is just the average opinion of a couple of analysts.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2022-08-01 | Roth Capital | Downgrade | Buy -> Neutral |
| 2021-10-14 | Roth Capital | Upgrade | Neutral -> Buy |
RING ENERGY INC / REI FAQ
What do analysts expect the price target to be for RING ENERGY INC (REI)?
5 analysts have analysed REI and the average price target is 2.55 USD. This implies a price increase of 121.74% is expected in the next year compared to the current price of 1.15.
How do analysts rate RING ENERGY INC (REI)?
The consensus rating for RING ENERGY INC (REI) is 80 / 100 . This indicates that analysts generally have a positive outlook on the stock.
What is the number of analysts for REI stock?
The number of analysts covering RING ENERGY INC (REI) is 5.