REI Stock Forecast & Price Target
REI Stock
Price Forecast
The average stock forecast for
Ring Energy Inc (REI) in the next 12 months is 2.28 USD. This price target corresponds to an upside
of
65.38%. The range of stock forecasts for REI is 2.02 - 2.83 USD.
Based on the ratings of 8 analysts, the consensus recommendation for REI is
STRONGBUY.
| Target |
Low |
Average |
Median |
High |
| Price (USD) |
2.02 |
2.28 |
2.17 |
2.83 |
| Upside |
46.38% |
65.38% |
57.07% |
105.43% |
Recommendation Trends
The latest consensus rating for REI is "STRONGBUY". This is the average
recommendation of 8 analysts: 0 strong sell,
0 sell, 2 hold, 3 buy, 3 strong buy. In the previous period, 7 analysts also majorly recommmended
"BUY" for REI.
REI Financial Stock
Forecast
Revenue This Year
from 307.18M
Revenue Next Year
from 352.53M