Ring Energy, Inc. (REI) is currently trading at $1.37 with a Wall Street consensus price target of $2.12, implying potential upside of 55.1% over the next 12 months. 2 analysts currently cover REI, with a consensus rating of Buy - 100% of analysts rate the stock a Buy or Strong Buy. The most bullish analyst has a price target of $2.25, while the most cautious has a target of $2.0.
REI operates in the Energy sector with a market capitalisation of $357M. The stock is up 50.5% year-to-date and is currently trading near the lower end of its 52-week range of $0.8 – $2.0.
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